Whirlpool Corporation (NYSE:WHR) will release earnings for its first quarter after the closing bell on Wednesday, May 6.
Analysts expect the Benton Harbor, Michigan-based company to report quarterly earnings of 47 cents per share, down from $1.70 per share in the year-ago period. The consensus estimate for Whirlpool’s quarterly revenue is $3.44 billion (it reported $3.62 billion last year), according to Benzinga Pro.
On April 10, Whirlpool announced plans to invest over $60 million in new Ohio production facility over the next two years with the addition of 100-150 new jobs.
Whirlpool shares rose 2.1% to close at $54.19 on Tuesday.
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Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Considering buying WHR stock? Here’s what analysts think:
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