Advertisement
UK markets closed

  • FTSE 100

    8,213.49
    +41.34 (+0.51%)
     

  • FTSE 250

    20,164.54
    +112.21 (+0.56%)
     

  • AIM

    771.53
    +3.42 (+0.45%)
     

  • GBP/EUR

    1.1652
    -0.0031 (-0.26%)
     

  • GBP/USD

    1.2546
    +0.0013 (+0.11%)
     

  • Bitcoin GBP

    50,258.22
    +2,928.86 (+6.19%)
     

  • CMC Crypto 200

    1,359.39
    +82.41 (+6.45%)
     

  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     

  • DOW

    38,675.68
    +450.02 (+1.18%)
     

  • CRUDE OIL

    77.99
    -0.96 (-1.22%)
     

  • GOLD FUTURES

    2,310.10
    +0.50 (+0.02%)
     

  • NIKKEI 225

    38,236.07
    -37.98 (-0.10%)
     

  • HANG SENG

    18,475.92
    +268.79 (+1.48%)
     

  • DAX

    18,001.60
    +105.10 (+0.59%)
     

  • CAC 40

    7,957.57
    +42.92 (+0.54%)
     
MONEY:

Best savings accounts that offer above inflation rates

Where to find a top-rated deal that works for you

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

Zacks Equity Research
·2-min read

For the quarter ended March 2024, Whirlpool (WHR) reported revenue of $4.49 billion, down 3.4% over the same period last year. EPS came in at $1.78, compared to $2.66 in the year-ago quarter.

The reported revenue represents a surprise of +1.92% over the Zacks Consensus Estimate of $4.41 billion. With the consensus EPS estimate being $1.61, the EPS surprise was +10.56%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

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:

  • Net Sales - North America Major Domestic Appliances: $2.43 billion compared to the $2.48 billion average estimate based on two analysts.

  • Net Sales - Europe Major Domestic Appliances: $804 million compared to the $699.50 million average estimate based on two analysts.

  • Net Sales - Global Small Domestic Appliances: $182 million versus $180.55 million estimated by two analysts on average.

  • Net Sales - Asia Major Domestic Appliances: $239 million compared to the $242.13 million average estimate based on two analysts.

  • Net Sales - Latin America Major Domestic Appliances: $837 million compared to the $807.18 million average estimate based on two analysts.

View all Key Company Metrics for Whirlpool here>>>

Shares of Whirlpool have returned -6.1% over the past month versus the Zacks S&P 500 composite's -3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with 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