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Whirlpool (WHR) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended September 2023, Whirlpool (WHR - Free Report) reported revenue of $4.93 billion, up 3% over the same period last year. EPS came in at $5.45, compared to $4.49 in the year-ago quarter.
The reported revenue represents a surprise of +1.48% over the Zacks Consensus Estimate of $4.85 billion. With the consensus EPS estimate being $4.38, the EPS surprise was +24.43%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Whirlpool performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Geographic Revenue- Latin America: $857 million compared to the $813.64 million average estimate based on three analysts. The reported number represents a change of +14.3% year over year.
Geographic Revenue- North America: $2.98 billion compared to the $2.92 billion average estimate based on three analysts. The reported number represents a change of +3.6% year over year.
Geographic Revenue- Asia: $229 million versus the three-analyst average estimate of $262.99 million. The reported number represents a year-over-year change of -11.2%.
Geographic Revenue- EMEA: $863 million versus the three-analyst average estimate of $856.94 million. The reported number represents a year-over-year change of -4.4%.
Shares of Whirlpool have returned -2.4% over the past month versus the Zacks S&P 500 composite's -1.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Whirlpool (WHR) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended September 2023, Whirlpool (WHR - Free Report) reported revenue of $4.93 billion, up 3% over the same period last year. EPS came in at $5.45, compared to $4.49 in the year-ago quarter.
The reported revenue represents a surprise of +1.48% over the Zacks Consensus Estimate of $4.85 billion. With the consensus EPS estimate being $4.38, the EPS surprise was +24.43%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Whirlpool performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Geographic Revenue- Latin America: $857 million compared to the $813.64 million average estimate based on three analysts. The reported number represents a change of +14.3% year over year.
- Geographic Revenue- North America: $2.98 billion compared to the $2.92 billion average estimate based on three analysts. The reported number represents a change of +3.6% year over year.
- Geographic Revenue- Asia: $229 million versus the three-analyst average estimate of $262.99 million. The reported number represents a year-over-year change of -11.2%.
- Geographic Revenue- EMEA: $863 million versus the three-analyst average estimate of $856.94 million. The reported number represents a year-over-year change of -4.4%.
View all Key Company Metrics for Whirlpool here>>>Shares of Whirlpool have returned -2.4% over the past month versus the Zacks S&P 500 composite's -1.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.