BALTIMORE, Aug. 1, 2024 /PRNewswire/ -- Whirlpool brand is taking the field as the proud founding partner of the Premier Lacrosse League's Maryland Whipsnakes during its homecoming weekend at Homewood Field in Baltimore from August 3-4, 2024. The Whirlpool brand partnership with the Maryland Whipsnakes expands upon the brand's three-year partnership with the Premier Lacrosse League (PLL). Whirlpool brand is collaborating with the PLL on game day initiatives and on-site activations for the Maryland Whipsnake ...

Trading on just 8.3 times management's estimate for full-year earnings, Whirlpool is an attractive stock. Still, there's a good chance the pressure on discretionary appliance sales will continue in 2024. The truth is probably some combination of the "wrong" and "right" scenarios discussed above. That won't please investors who worry about the near term, but long-term investors who accept that forecasting the timing of interest rates is a thankless task won't be concerned. What does it all mean for Whirlpool ...

I wrote a bullish article on Whirlpool (NYSE:WHR) in March 2024, and back then it was trading for about $106 per share. It has bounced around since—however, in July, it surged up to about $115 per share on reports that another major appliance maker was considering a buyout offer for Whirlpool. Some of that buyout hope appears to have faded, as the shares have fallen back to around the $100 level. In addition to the potential buyout news, the company also recently reported Q2 earnings, so a lot has happened ...

Whirlpool Corporation (WHR) posted second-quarter 2024 results, wherein the top and bottom lines declined year over year, and earnings missed the Zacks Consensus Estimate. However, sales delivered a positive surprise for the fourth consecutive time. During the quarter, Whirlpool benefited from sequential margin expansion globally and gains from the company's cost takeout actions, partly offset by an unfavorable price/mix. Q2 Details The appliance maker reported second-quarter adjusted earnings of $2.39 per ...

Your first question comes from the line of Sam Darkatsh from Raymond James. Your line is open. Sam Darkatsh Good morning Sam. James Peters Morning Sam, good. Sam Darkatsh Two questions, both as it relates to North America MDA. First one, you originally were looking at a 10% or 11% margin exit rate in the fourth quarter. How long do you figure it will take to return the segment to that 10% or 11%, and what specifically would have to happen for those levels to be achieved? Then IÂ've got a followup. Marc Bitz ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ________________________________________________________ FORM 10-Q ________________________________________________________ ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-3932 WHIRLPOOL CORPORATION (Exact name of registrant as specifie ...

Second-Quarter 2024 Earnings Review Segment EBIT: Consolidated EBIT broken down by the Company's reportable segments and are metrics used by the chief operating decision maker in accordance with ASC 280. Consolidated EBIT also includes corporate "Other/Eliminations" of $(150) million and $(79) million for the second quarters of 2024 and 2023, respectively. Management believes segment EBIT provides stockholders with a clearer basis to assess our results over time for each segment. Slide(s): 5, 8, 10, 11, 12, ...

-- Solid performance in SDA Global, MDA Latin America, and MDA Asia, all delivering double-digit net sales growth in the quarter -- Ongoing (non-GAAP) EBIT margin(1) of 5.3%; ongoing earnings per diluted share(2) of $2.39 BENTON HARBOR, Mich., July 24, 2024 /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR), today reported second-quarter 2024 financial results. SEGMENT REVIEW MDA North America MDA Asia MDA NORTH AMERICA MDA LATIN AMERICA SDA GLOBAL Europe transaction closed April 1, 2024, as expected Reaffir ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, inves ...

For second-quarter revenues, the Zacks Consensus Estimate is pegged at $3.9 billion, indicating a 19% decrease from the prior-year quarter's reported figure. The consensus estimate for the quarterly earnings has remained unchanged in the past 30 days at $2.33 per share. However, the consensus mark for earnings indicates a 44.7% fall from the year-ago quarter's reported figure. Key Points to Note The company has been witnessing inflation, mainly in its supply-chain costs. Also, high raw material costs are li ...