Whirlpool Announces Third-Quarter Results
Whirlpool (WHR) Prnewswire·2024-10-23 20:05
-- Sequential margin expansion in MDA North America for the second consecutive quarter, driven by promotional pricing actions-- Q3 GAAP net earnings margin of 2.7% (Q2 5.5%); GAAP earnings per diluted share of $2.00; GAAP tax rate of 25%-- Ongoing (non-GAAP) EBIT margin(1) of 5.8% (Q2 5.3%); ongoing earnings per diluted share(2) of $3.43 supported by favorable adjusted (non-GAAP) tax rate of (32)%-- Revising full-year GAAP earnings per diluted share to approximately $0.50, impacted by the updated GAAP t ...