Yahoo Finance Whirlpool First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
Whirlpool (NYSE:WHR) First Quarter 2024 Results
Key Financial Results
Revenue: US$4.49b (down 3.4% from 1Q 2023).
Net loss: US$259.0m (loss widened by 45% from 1Q 2023).
US$4.72 loss per share (further deteriorated from US$3.27 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Whirlpool Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is expected to decline by 2.1% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in the US are expected to grow by 5.1%.
Performance of the American Consumer Durables industry.
The company's shares are down 8.8% from a week ago.
Risk Analysis
You should learn about the 3 warning signs we've spotted with Whirlpool (including 2 which are potentially serious).
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