Whirlpool (WHR) Reports Q4 EPS Beat, Revenue Below Street
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Whirlpool (NYSE: WHR) reported its Q4 results, with EPS coming in at $6.14, better than the Street estimate of $5.84. Revenue was $5.82 billion, compared to the consensus estimate of $5.87 billion, driven by strong execution of cost-based price increases, while elevated supply issues remain.
According to Jim Peters, CFO of Whirlpool Corporation, the company reported revenue growth of 13% in 2021 and expects another year of strong growth in 2022 of 5-6%.
The company expects full 2022-year GAAP EPS of $27.00-$29.00.
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