06:00 PM EDT, 04/24/2024 (MT Newswires) -- Whirlpool (WHR) reported Q1 ongoing earnings late Wednesday of $1.78 per diluted share, down from $2.66 per share a year earlier.

Analysts polled by Capital IQ expected $1.67.

Net sales for the quarter ended March 31 fell to $4.49 billion from $4.65 billion a year earlier. Analysts surveyed by Capital IQ expected $4.41 billion.

For 2024, the company said it continues to expect ongoing EPS of $13 to $15 on net sales of approximately $16.90 billion. The consensus is for normalized EPS of $13.24 on revenue of $16.84 billion.

Whirlpool shares were up 1.6% in after-hours activity.

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