Analysts expect Whirlpool Co. (NYSE:WHR) to announce sales of $5.02 billion for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for Whirlpool’s earnings, with the lowest sales estimate coming in at $4.89 billion and the highest estimate coming in at $5.16 billion. Whirlpool posted sales of $4.79 billion in the same quarter last year, which suggests a positive year over year growth rate of 4.8%. The business is scheduled to issue its next quarterly earnings report after the market closes on Monday, April 23rd.
On average, analysts expect that Whirlpool will report full year sales of $5.02 billion for the current financial year, with estimates ranging from $21.78 billion to $22.40 billion. For the next year, analysts forecast that the firm will post sales of $22.57 billion per share, with estimates ranging from $22.44 billion to $22.80 billion. Zacks’ sales averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Whirlpool.
Whirlpool (NYSE:WHR) last issued its earnings results on Wednesday, January 24th. The company reported $4.10 EPS for the quarter, beating the consensus estimate of $4.01 by $0.09. The company had revenue of $5.70 billion during the quarter, compared to analysts’ expectations of $5.88 billion. Whirlpool had a net margin of 1.65% and a return on equity of 18.36%. The business’s revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.33 EPS.
Several hedge funds have recently made changes to their positions in the company. Boyd Watterson Asset Management LLC OH boosted its stake in Whirlpool by 5.3% in the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 5,968 shares of the company’s stock worth $1,006,000 after purchasing an additional 301 shares during the period. Sheaff Brock Investment Advisors LLC raised its holdings in shares of Whirlpool by 1.0% in the 4th quarter. Sheaff Brock Investment Advisors LLC now owns 31,992 shares of the company’s stock valued at $5,395,000 after purchasing an additional 313 shares during the period. Norinchukin Bank The raised its holdings in Whirlpool by 5.8% in the 4th quarter. Norinchukin Bank The now owns 5,746 shares of the company’s stock valued at $969,000 after acquiring an additional 315 shares during the period. Condor Capital Management raised its holdings in Whirlpool by 3.3% in the 4th quarter. Condor Capital Management now owns 10,733 shares of the company’s stock valued at $1,810,000 after acquiring an additional 343 shares during the period. Finally, Valeo Financial Advisors LLC raised its holdings in Whirlpool by 49.9% in the 4th quarter. Valeo Financial Advisors LLC now owns 1,051 shares of the company’s stock valued at $177,000 after acquiring an additional 350 shares during the period. 90.27% of the stock is owned by institutional investors.
Shares of Whirlpool stock opened at $149.03 on Tuesday. The firm has a market cap of $10,527.58, a price-to-earnings ratio of 10.85, a price-to-earnings-growth ratio of 1.05 and a beta of 1.84. Whirlpool has a 52 week low of $145.59 and a 52 week high of $202.99. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.93 and a quick ratio of 0.58.
The company also recently declared a quarterly dividend, which was paid on Thursday, March 15th. Stockholders of record on Friday, March 2nd were issued a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 2.95%. The ex-dividend date was Thursday, March 1st. Whirlpool’s dividend payout ratio (DPR) is 32.02%.
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Whirlpool Company Profile
Whirlpool Corporation manufactures and markets home appliances and related products. It operates through four segments: North America; Europe, Middle East and Africa; Latin America; and Asia. The company's principal products include laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers, and other small domestic appliances.
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