Whirlpool (NYSE:WHR) Releases Earnings Results, Misses Expectations By $0.20 EPS

Key Points

• Whirlpool's latest quarterly earnings report revealed $1.34 earnings per share, missing analyst expectations by $0.30 EPS.
• The company experienced a stock price decline of $1.76, bringing shares to $97.98 following the earnings announcement.
• Analysts have mixed ratings on Whirlpool, with two ratings as sell, two as hold, and two as buy, reflecting a consensus rating of "Hold" and an average target price of $108.40.

Whirlpool (NYSE:WHR - Get Free Report) issued its earnings results on Monday. The company reported $1.34 EPS for the quarter, missing analysts' consensus estimates of $1.54 by ($0.20), Zacks reports. Whirlpool had a return on equity of 21.38% and a net margin of 0.04%. The company had revenue of $3.77 billion during the quarter, compared to analysts' expectations of $3.88 billion. During the same quarter in the previous year, the company earned $2.39 EPS. The firm's quarterly revenue was down 5.4% compared to the same quarter last year. Whirlpool updated its FY 2025 guidance to 6.000-8.000 EPS.

Whirlpool Stock Down 1.8%

Whirlpool stock opened at $97.98 on Tuesday. Whirlpool has a fifty-two week low of $73.72 and a fifty-two week high of $135.49. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.40 and a current ratio of 0.72. The company has a market capitalization of $5.45 billion, a P/E ratio of 699.86 and a beta of 1.25. The stock has a 50-day simple moving average of $92.90 and a 200-day simple moving average of $94.64.

Institutional Trading of Whirlpool

Institutional investors and hedge funds have recently made changes to their positions in the company. NewEdge Advisors LLC raised its stake in Whirlpool by 56.7% during the 1st quarter. NewEdge Advisors LLC now owns 3,120 shares of the company's stock valued at $281,000 after acquiring an additional 1,129 shares during the last quarter. Empowered Funds LLC grew its holdings in shares of Whirlpool by 206.5% in the 1st quarter. Empowered Funds LLC now owns 8,528 shares of the company's stock worth $769,000 after acquiring an additional 5,746 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Whirlpool by 15.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 214,918 shares of the company's stock worth $19,371,000 after acquiring an additional 27,995 shares during the period. 90.78% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have commented on the company. Longbow Research raised Whirlpool from a "neutral" rating to a "buy" rating and set a $145.00 price objective on the stock in a report on Monday, June 30th. Wall Street Zen downgraded Whirlpool from a "hold" rating to a "sell" rating in a research report on Saturday. JPMorgan Chase & Co. dropped their price objective on Whirlpool from $109.00 to $89.00 and set a "neutral" rating for the company in a research note on Monday, April 28th. Royal Bank Of Canada lowered their target price on Whirlpool from $81.00 to $65.00 and set an "underperform" rating for the company in a research note on Friday, April 25th. Finally, Bank of America raised Whirlpool from an "underperform" rating to a "neutral" rating and boosted their target price for the stock from $68.00 to $94.00 in a research note on Friday, June 13th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, Whirlpool currently has an average rating of "Hold" and an average price target of $108.40.

About Whirlpool

Whirlpool Corporation manufactures and markets home appliances and related products and services in the North America, Europe, the Middle East, Africa, Latin America, and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances, and commercial laundry products and related laundry accessories; cooking and other small domestic appliances; and dishwasher appliances and related accessories, as well as mixers.