WHR Stock Recent News

Tech and financials are booming. Other sectors are struggling.

It's all down arrows on this morning's earnings movers. Sam Vadas talks about the "tariff exposed story" impacting Whirlpool (WHR) and UPS Inc. (UPS).

The appliance maker has struggled as competitors flood the U.S. market with Asian-made products.

U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 100 points on Tuesday.

Whirlpool Misses Fiscal Q2 Earnings Mark

Markets lost a bit of steam mid-session this Monday, but a late surge into the close brought the S&P 500 and the Nasdaq indexes to new record closing highs.

Whirlpool (WHR) came out with quarterly earnings of $1.34 per share, missing the Zacks Consensus Estimate of $1.54 per share. This compares to earnings of $2.39 per share a year ago.

Competitors are stockpiling Asian imports into the U.S., Whirlpool says, until tariffs ‘ultimately support domestic manufacturers.'

CNBC's Julia Boorstin joins 'Closing Bell Overtime' to talk Whirlpool earnings.

Delivered sequential net sales growth across all segments, despite negative consumer sentiment impacting global demand Delivered significant cost take out of 100 basis points or approximately $50 million, in-line with full year expectations Q2 GAAP net earnings margin of 1.7%; GAAP earnings per diluted share of $1.17 Q2 ongoing (non-GAAP) EBIT margin(1) of 5.3%; ongoing earnings per diluted share(2) of $1.34 Second-quarter results were unfavorably impacted by a non cash loss of $19 million, or $0.35 earnings per diluted share from Beko Europe B.V. equity in affiliates 2025 outlook is updated with full-year GAAP earnings per diluted share of approximately $5.00 to $7.00, and ongoing earnings per diluted share(2) of $6.00 to $8.00; cash provided by operating activities of approximately $850 million and free cash flow(3) of approximately $400 million Refinanced $1.2 billion of term loan debt at approximately 6.3% weighted average BENTON HARBOR, Mich.