Whirlpool Q4 2023 Sales $5.09B Beat $4.98B Estimate
Portfolio Pulse from Benzinga Newsdesk
Whirlpool Corporation (NYSE:WHR) reported Q4 2023 earnings of $3.85 per share, surpassing the consensus estimate of $3.56 by 8.15%. Quarterly sales were $5.09 billion, exceeding the $4.98 billion estimate by 2.08% and marking a 3.35% increase from $4.92 billion in the same period last year.
January 29, 2024 | 9:06 pm
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Whirlpool's Q4 earnings and sales exceeded analyst estimates, with a year-over-year sales increase, indicating strong performance.
Beating both earnings and sales estimates typically has a positive impact on investor sentiment and can lead to a short-term increase in stock price. The year-over-year sales growth further reinforces the company's positive trajectory, which is likely to be well-received by the market.
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