Whirlpool Corporation (WHR) closed down 1.39% at $93.15, underperforming the S&P 500, which had a daily loss of 0.64%. Over the past month, Whirlpool’s stock has risen 13.75%, contrasting the Consumer Discretionary sector’s gain of 3.17% and the S&P 500’s rise of 1.91%.
The company is expected to release its earnings on an upcoming date, forecasting earnings of $1.38 per share, down 59.77% year-over-year, and revenue of $3.88 billion, representing a 2.9% decline from the same quarter last year. For the full year, earnings are projected at $6.32 per share and revenue at $15.41 billion, showing decreases of 48.24% and 7.19%, respectively.
Whirlpool currently holds a Zacks Rank of #5 (Strong Sell), with a forward P/E ratio of 14.95, which aligns with the industry average. The Household Appliances industry ranks 235 out of 250+, indicating it is in the bottom 5% of all industries assessed.
