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Whirlpool Q2 Non-GAAP Earnings, Sales Decline; 2024 EPS Outlook Lowered
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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

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