Whirlpool Corporation (NYSE:WHR) is set to announce third quarter earning results on Wednesday 21st October 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, WHR to report 3Q20 income of $ 3.75 per share.
For the full year, analysts anticipate top line of $ 18029.00 million, while looking forward to income of $ 13.02 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 17,356.00 million ~ $ 18,377.00 million, where as bottomline are predicted in a range of $ 16.00 ~ $ 17.00 per share
Click Here For More Historical Outlooks Of Whirlpool Corporation
Previous Quarter Performance
Whirlpool Corporation unveiled income for the second quarter of $ 2.15 per share, from the revenue of $ 4,042.00 million. The quarterly earnings fell 46.38 percent while revenues dropped 22.06 percent compared with the same quarter last year.
Wall street analysts are predicting, WHR to report 2Q20 income of $ 0.87 per share from revenue of $ 3505.02 million. The bottom line results beat street analysts by $ 1.28 or 147.13 percent, at the same time, top line results outshined analysts by $ 536.98 million or 15.32 percent.
Stock Performance
Shares of Whirlpool Corporation traded up $ 1.17 or 0.59 percent on Tuesday, reaching $ 200.05 with volume of 620.40 thousand shares. Whirlpool Corporation has traded high as $ 203.49 and has cracked $ 197.71 on the downward trend
The closing price of $ 200.05, representing a 210.75 % increase from the 52 week low of $ 64.00 and a 3.51 % decrease over the 52 week high of $ 206.11.
The company has a market capital of $ 12.46 billion and is part of the Consumer Cyclical sector and Home Furnishings & Fixtures industry.
Recent Analyst recommendations
- On 22nd September 2020, maintained by Deutsche Bank at Hold rating, with $ 153.00 target price.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 1.20 per share on August 18, 2020. The dividend were payable on September 15, 2020 to holders of record as of the close of business on August 28, 2020 and ex-dividend date on August 27, 2020.
Conference Call
Whirlpool Corporation will be hosting a conference call at 8:00 AM eastern time on 22nd October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.whirlpoolcorp.com
Whirlpool Corporation manufactures and markets home appliances and related products. It operates through four segments: North America; Europe, Middle East and Africa; Latin America; and Asia. The companys principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances and related laundry accessories; cooking appliances and other small domestic appliances; and dishwasher appliances and related accessories.
