$3.04 Earnings Per Share Expected for Whirlpool Co. (WHR) This Quarter
Equities research analysts forecast that Whirlpool Co. (NYSE:WHR) will report earnings of $3.04 per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Whirlpool’s earnings. The lowest EPS estimate is $2.85 and the highest is $3.28. Whirlpool reported earnings of $2.50 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 21.6%. The company is expected to report its next quarterly earnings report on Monday, April 23rd.
On average, analysts expect that Whirlpool will report full-year earnings of $15.31 per share for the current year, with EPS estimates ranging from $15.00 to $15.75. For the next year, analysts expect that the business will post earnings of $17.58 per share, with EPS estimates ranging from $16.75 to $18.50. Zacks’ earnings per share averages are an average based on a survey of research analysts that cover Whirlpool.
Whirlpool (NYSE:WHR) last posted its quarterly earnings data on Wednesday, January 24th. The company reported $4.10 earnings per share for the quarter, topping the consensus estimate of $4.01 by $0.09. Whirlpool had a return on equity of 18.36% and a net margin of 1.65%. The business had revenue of $5.70 billion during the quarter, compared to analysts’ expectations of $5.88 billion. During the same quarter in the previous year, the firm earned $4.33 EPS. The firm’s revenue was up .8% compared to the same quarter last year.
Whirlpool (NYSE:WHR) traded up $0.24 during midday trading on Monday, hitting $158.89. The company had a trading volume of 470,196 shares, compared to its average volume of 1,041,919. Whirlpool has a fifty-two week low of $156.37 and a fifty-two week high of $202.99. The company has a quick ratio of 0.58, a current ratio of 0.93 and a debt-to-equity ratio of 0.86. The firm has a market cap of $11,214.67, a PE ratio of 34.90, a PEG ratio of 0.86 and a beta of 1.84.
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Friday, March 2nd will be issued a $1.10 dividend. The ex-dividend date of this dividend is Thursday, March 1st. This represents a $4.40 annualized dividend and a yield of 2.77%. Whirlpool’s dividend payout ratio (DPR) is 96.49%.
A number of institutional investors have recently bought and sold shares of WHR. Levin Capital Strategies L.P. acquired a new position in Whirlpool in the 4th quarter valued at approximately $111,112,000. Epoch Investment Partners Inc. acquired a new position in Whirlpool in the 3rd quarter valued at approximately $75,398,000. Bessemer Group Inc. raised its holdings in Whirlpool by 62.0% in the 4th quarter. Bessemer Group Inc. now owns 653,097 shares of the company’s stock valued at $110,138,000 after acquiring an additional 249,908 shares in the last quarter. Schwab Charles Investment Management Inc. raised its holdings in Whirlpool by 72.9% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 461,702 shares of the company’s stock valued at $85,157,000 after acquiring an additional 194,739 shares in the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC raised its holdings in Whirlpool by 9.7% in the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 2,004,548 shares of the company’s stock valued at $338,047,000 after acquiring an additional 177,404 shares in the last quarter. 90.19% of the stock is owned by hedge funds and other institutional investors.
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Whirlpool Company Profile
Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company’s segments include North America; Europe, Middle East and Africa (EMEA); Latin America, and Asia. In North America, the Company markets and distributes home appliances and small domestic appliances under a range of brand names.
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