Whirlpool: mixed end to fiscal year
(CercleFinance.com) - Published after Wall Street closed yesterday, Whirlpool's Q4 accounts were mixed.
The household electrical appliance group reported a net loss of 268 million dollars over the period, i.e. 3.69 dollars per share, compared to profit of 180 million dollars a year earlier, i.e. 2.63 dollars per share.
On an adjusted basis, however, the group posted EPS of 4.1 dollars, against 3.99 dollars expected by analysts.
However, Whirlpool disappointed in terms of activity, with its revenues increasing to 5.7 billion dollars, less than the consensus was expecting (5.83 billion dollars), after 5.66 billion dollars.
The group expects EPS in a range of 12.45 dollars to 13.45 dollars, far below the consensus of 14.56 dollars.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
The household electrical appliance group reported a net loss of 268 million dollars over the period, i.e. 3.69 dollars per share, compared to profit of 180 million dollars a year earlier, i.e. 2.63 dollars per share.
On an adjusted basis, however, the group posted EPS of 4.1 dollars, against 3.99 dollars expected by analysts.
However, Whirlpool disappointed in terms of activity, with its revenues increasing to 5.7 billion dollars, less than the consensus was expecting (5.83 billion dollars), after 5.66 billion dollars.
The group expects EPS in a range of 12.45 dollars to 13.45 dollars, far below the consensus of 14.56 dollars.
Copyright (c) 2018 CercleFinance.com. All rights reserved.