Advertisement
UK markets closed

  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     

  • FTSE 250

    19,824.16
    +222.18 (+1.13%)
     

  • AIM

    755.28
    +2.16 (+0.29%)
     

  • GBP/EUR

    1.1678
    +0.0021 (+0.18%)
     

  • GBP/USD

    1.2498
    -0.0013 (-0.10%)
     

  • Bitcoin GBP

    51,239.54
    -360.32 (-0.70%)
     

  • CMC Crypto 200

    1,332.42
    -64.12 (-4.59%)
     

  • S&P 500

    5,105.29
    +56.87 (+1.13%)
     

  • DOW

    38,291.06
    +205.26 (+0.54%)
     

  • CRUDE OIL

    83.72
    +0.15 (+0.18%)
     

  • GOLD FUTURES

    2,352.00
    +9.50 (+0.41%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,161.01
    +243.73 (+1.36%)
     

  • CAC 40

    8,088.24
    +71.59 (+0.89%)
     
PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

Here's What Key Metrics Tell Us About Whirlpool (WHR) Q1 Earnings

Zacks Equity Research
·2-min read

Whirlpool (WHR) reported $4.65 billion in revenue for the quarter ended March 2023, representing a year-over-year decline of 5.5%. EPS of $2.66 for the same period compares to $5.31 a year ago.

The reported revenue represents a surprise of +2.18% over the Zacks Consensus Estimate of $4.55 billion. With the consensus EPS estimate being $2.14, the EPS surprise was +24.30%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

ADVERTISEMENT

Here is how Whirlpool performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Geographic Revenue- Latin America: $757 million versus $782.90 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -0.4% change.

  • Geographic Revenue- North America: $2.75 billion versus the three-analyst average estimate of $2.67 billion. The reported number represents a year-over-year change of -1.6%.

  • Geographic Revenue- Asia: $256 million versus $255.90 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -10.2% change.

  • Geographic Revenue- EMEA: $889 million versus $836.90 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -18% change.

View all Key Company Metrics for Whirlpool here>>>

Shares of Whirlpool have returned +10.9% over the past month versus the Zacks S&P 500 composite's +3.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Whirlpool Corporation (WHR) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research