Whirlpool Likely To Report Lower Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Earnings Report - Whirlpool Corporation is set to release its second-quarter earnings results on July 28, with analysts expecting earnings of $1.74 per share, a decrease from $2.39 per share in the same period last year [1] - The company is projected to report quarterly revenue of $3.88 billion, down from $3.99 billion a year earlier [1] Board Appointment - On June 16, Whirlpool's board appointed Judith K. Buckner, president of Reynolds Cooking & Baking, to the board [2] - Following this news, Whirlpool shares increased by 1.1%, closing at $99.74 [2] Analyst Ratings - B of A Securities upgraded Whirlpool from Underperform to Neutral, raising the price target from $68 to $94 [4] - JP Morgan maintained a Neutral rating but reduced the price target from $109 to $89 [4] - RBC Capital kept an Underperform rating and lowered the price target from $76 to $74 [4] - Loop Capital initiated coverage with a Buy rating and a price target of $140 [4] - Morgan Stanley maintained an Equal-Weight rating and increased the price target from $385 to $415 [4]