Whirlpool: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Whirlpool Corporation (NYSE:WHR) reported Q4 earnings with an EPS of $3.85, surpassing the estimate of $3.56 by 8.15%. Revenue increased by $165 million compared to the same period last year. Despite beating EPS estimates last quarter, WHR's share price fell by 15.83% the following day.
January 29, 2024 | 9:10 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Whirlpool reported higher-than-expected Q4 earnings with an EPS of $3.85, beating estimates by 8.15%, and increased revenue from the previous year. However, past performance shows a significant share price drop following an earnings beat last quarter.
While the Q4 earnings beat is positive, the historical share price drop of 15.83% following last quarter's earnings beat suggests that the market may have a mixed reaction. The positive earnings could lead to a short-term increase, but investor caution due to past performance may temper any significant gains.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100