Whirlpool Corporation (NYSE:WHR) is set to announce second quarter earning results on Wednesday 22nd July 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, WHR to report 2Q20 income of $ 0.87 per share.
For the full year, analysts anticipate top line of $ 17053.10 million, while looking forward to income of $ 10.38 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 16,744.00 million ~ $ 17,765.00 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 posted income for the first quarter of $ 2.82 per share, from the revenue of $ 4,325.00 million. The quarterly earnings lowered 9.32 percent while revenues fell 9.14 percent compared with the same quarter last year.
According to street consensus, WHR was expected to report 1Q20 income of $ 2.64 per share from revenue of $ 4348.78 million. The bottom line results beat street analysts by $ 0.18 or 6.82 percent, at the same time, top line results fell short of analysts by $ 23.78 million or 0.55 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of WHR was $ 143.76, representing a 124.63 % increase from the 52 week low of $ 64.00 and a 12.15 % decrease over the 52 week high of $ 163.64.
The company has a market capital of $ 8.94 billion and is part of the Consumer Cyclical sector and Home Furnishings & Fixtures industry.
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Recent Analyst recommendations
On 23rd June 2020, maintained by Credit Suisse Group at Underperform rating, with $ 103.00 target price.
On 12th June 2020, maintained by Bank of America at Neutral rating, with $ 135.00 target price.
On 28th May 2020, initiated by Credit Suisse Group at Underperform rating.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 1.20 per share on April 21, 2020. The dividend were payable on June 15, 2020 to holders of record as of the close of business on May 15, 2020 and ex-dividend date on May 14, 2020.
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.
