WHR Stock Recent News

WHR's Q4 results reflect sales growth in MDA Latin America and MDA Asia, but the top line misses expectations amid Europe divestiture.

Goldman Sachs analyst Susan Maklari reiterated a Buy rating on the shares of Whirlpool Corp WHR with a price target of $138.

Whirlpool Corporation (WHR) Q4 2024 Earnings Call Transcript

Shares of Whirlpool (WHR) tumbled nearly 17% Thursday as the maker of home appliances posted worse-than-expected results and gave weak guidance as North American sales slumped. The company also said it was slashing its stake in its Indian subsidiary in half.

U.S. stock futures were mixed this morning, with the Nasdaq futures gaining around 50 points on Thursday.

Home appliances maker Whirlpool of India said on Thursday its parent Whirlpool Corp intends to reduce its stake in the company to about 20% in 2025 via market sale.

While the top- and bottom-line numbers for Whirlpool (WHR) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Whirlpool (WHR) came out with quarterly earnings of $4.57 per share, beating the Zacks Consensus Estimate of $4.39 per share. This compares to earnings of $3.85 per share a year ago.

Whirlpool Corporation WHR stock is trading lower after the company reported fourth-quarter financial results and issued 2025 guidance after market close Wednesday.

Appliance maker is still working to cut costs and hoping for a recovery in the U.S. housing market.