Monday, July 23, 2018

Whirlpool Updates FY18 Guidance; Shares Slide - Quick Facts

Whirlpool Corp. (WHR) announced, for the full-year 2018, the company now expects GAAP earnings per diluted share of $0.15 to $0.75 and ongoing earnings per diluted share of $14.20 to $14.80, as favorable product price/mix and share repurchases are expected to be more than offset by lower global revenue growth, increased expectations for global cost inflation, and weaker than expected performance in the EMEA region. In April, the company projected fiscal 2018 ongoing earnings per diluted share of $14.50 to $15.50.

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