WHR Q3 Earnings Beat, Sales Down Y/Y on Soft North America Unit

Whirlpool Corporation (WHR) posted third-quarter 2024 results, wherein earnings beat the Zacks Consensus Estimate but sales missed the same. Both top and bottom lines declined year over year.Despite the challenging macroeconomic conditions in North America, the company managed to achieve sequential ongoing EBIT margin growth in the third quarter. The company’s ability to capitalize on the future recovery in the U.S. housing market indicates that MDA North America is well-prepared to benefit when market cond ...