12:33 PM EDT, 10/24/2024 (MT Newswires) -- (Updates with the latest stock move in the first paragraph and headline.)

Whirlpool (WHR) shares were up more than 13% in recent Thursday trading after the company reaffirmed its 2024 guidance with its Q3 results.

Late Wednesday, the company reported Q3 adjusted earnings of $3.43 per diluted share, down from $5.45 a year earlier.

Analysts polled by Capital IQ expected $3.20.

Revenue for the quarter ended Sept. 30 was $3.99 billion, compared with $4.93 billion a year earlier.

Analysts surveyed by Capital IQ expected $4.09 billion.

Whirlpool reaffirmed its 2024 adjusted EPS forecast of about $12. Analysts surveyed by Capital IQ expect $11.51. The firm also kept its revenue guidance of about $16.9 billion. Analysts expect $16.78 billion.

Price: 112.45, Change: +13.17, Percent Change: +13.27