Whirlpool (WHR) Misses Q3 EPS by 9c, Maintains FY Outlook

Whirlpool (NYSE: WHR) reported Q3 EPS of $3.04, $0.09 worse than the analyst estimate of $3.13. Revenue for the quarter came in at $4.8 billion versus the consensus estimate of $4.83 billion.

Whirlpool lowered FY2014 GAAP EPS from $10.-30-$10.80 to $9.40-$9.90 but maintained ongoing FY2014 EPS of $11.50-$12.00, versus the consensus of $11.62.

"Through continued investments in our industry leading brands and innovative new products, along with disciplined management of our operations, we have delivered another quarter of revenue growth, margin expansion and record earnings," said Jeff M. Fettig, chairman and chief executive officer of Whirlpool Corporation. "With the recent closings of our acquisitions of majority stakes in Indesit and Hefei Sanyo, we are committed to creating significant value for our shareholders by integrating our technology leadership and broad offering of products to benefit consumers around the globe."

For earnings history and earnings-related data on Whirlpool (WHR) click here.

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