– Whirlpool stock briefly rose in extended trading on Monday before returning to the closing price of $148.23 after it reported strong fourth-quarter earnings but missed on revenue. The home appliance company reported earnings of $4.91 per share excluding certain items on revenue of $5.38 billion. Analysts expected an EPS of $4.27 on revenue of $5.52 billion, according to Refinitiv.
The company sees first-quarter earnings of 70 cents per share while analysts expected an EPS of 84 cents. For the fiscal year, the company expects to deliver an EPS of $4.50-$4.60, which is lower than the $4.63 EPS that Wall Street expected, according to Refinitiv. The company reported earnings of $1.35 per share on revenue of $806 million, while analysts expected earnings of $1.33 per share on revenue of $801 million, according to Refinitiv.
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