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Whirlpool: Wall Street WHIRLPOOL Daily Value Rises Despite Fourth Quarter Quarter



Whirlpool is up 4.84 percent to $ 130.5 after it posted fourth-quarter earnings per share adjusted above estimates. That's $ 4.75, versus 4.30 expected. This is due to a price increase, a reduction in the "discipline" of working capital and a favorable tax rate. On the other hand, revenue reaches $ 5.66 billion, stable compared to the same period last year, but at an estimated $ 5.76 billion. Excluding exchange rate effects, sales increased by 2.5%.

"These results provide an impressive demonstration that we are effectively managing macroeconomic volatility and strengthening our confidence in our ability to deliver positive results in 2019," the group said, adding that rising commodity costs and tariffs led to a decline in prices. demand in North America, its largest region.

In this uncertain environment, Whirlpool expects annual gains in the range of $ 14-15 per share, which is below analysts' expectations of $ 15.99. As for revenues, US $ 20.3 billion are expected, also below estimates of US $ 20.76 billion, according to Refinitiv's IBES data.

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