financetom
Business
financetom
/
Business
/
Whirlpool Q2 Non-GAAP Earnings, Sales Decline; 2024 EPS Outlook Lowered
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Whirlpool Q2 Non-GAAP Earnings, Sales Decline; 2024 EPS Outlook Lowered
Jul 24, 2024 3:10 PM

05:47 PM EDT, 07/24/2024 (MT Newswires) -- Whirlpool (WHR) reported Q2 non-GAAP earnings late Wednesday of $2.39 per diluted share, down from $4.21 a year earlier.

Analysts polled by Capital IQ expected $2.39.

Net sales for the quarter ended June 30 fell to $3.99 billion from $4.79 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.96 billion.

For 2024, the company said it now expects non-GAAP EPS of $12, down from its previous guidance of $13 to $15. Analysts expect $12.54.

The company reaffirmed its full-year 2024 net sales outlook of about $16.9 billion. Analysts are looking for $16.76 billion.

Price: 98.00, Change: -0.75, Percent Change: -0.76

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Update: Lundin Mining Releases Initial Mineral Resource the Filo Del Sol Project in Argentina
Update: Lundin Mining Releases Initial Mineral Resource the Filo Del Sol Project in Argentina
May 26, 2025
11:15 AM EDT, 05/05/2025 (MT Newswires) -- (Adds comment and updates shares.) Lundin Mining ( LUNMF ) on Sunday said its joint venture completed an initial mineral resource estimate for the Filo del Sol sulfide deposit and an update to the mineral resource estimate for the Josemaria deposit in Argentina. Vicuna Corp. holds the Filo del Sol project and the...
Robinhood (HOOD) Stock Slips Despite Q1 Earnings Beat Amid Mixed Analyst Reactions: What's Going On?
Robinhood (HOOD) Stock Slips Despite Q1 Earnings Beat Amid Mixed Analyst Reactions: What's Going On?
May 26, 2025
Robinhood Markets Inc ( HOOD ) shares have fallen 3.6% over the past week to $47.67, despite reporting first-quarter results that exceeded Wall Street expectations. What To Know: The trading platform posted earnings per share of 37 cents, surpassing the consensus estimate of 32 cents, and revenue of $927 million, a 50% year-over-year jump driven by robust trading activity in...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Tyson Shares Drop After Mixed Quarter With Weak Sales, Solid Profit
Tyson Shares Drop After Mixed Quarter With Weak Sales, Solid Profit
May 26, 2025
Shares of Tyson Foods Inc ( TSN ) are trading lower on Monday after the second-quarter FY25 earnings. The company reported second-quarter sales of $13.07 billion, consistent with last year, missing the analyst consensus estimate of $13.14 billion. Sales volume of Beef decreased 1.4% Y/Y, Pork declined 3.8%, Chicken climbed 3%, and Prepared Foods dropped 2.6%. Gross profit declined 30.7% to...
Copyright 2023-2026 - www.financetom.com All Rights Reserved