Whirlpool (NYSE: WHR ) is expected to report Q3 earnings on Oct. 23. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Whirlpool's revenues will wane -0.9% and EPS will wane -34.0%.
The average estimate for revenue is $4.58 billion. On the bottom line, the average EPS estimate is $1.55.
Last quarter, Whirlpool booked revenue of $4.51 billion. GAAP reported sales were 4.6% lower than the prior-year quarter's $4.73 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $1.55. GAAP EPS were $1.43 for Q2 against -$2.10 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 15.1%, 100 basis points better than the prior-year quarter. Operating margin was 5.0%, about the same as the prior-year quarter. Net margin was 2.5%, 590 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $18.47 billion. The average EPS estimate is $6.30.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 351 members out of 430 rating the stock outperform, and 79 members rating it underperform. Among 106 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 97 give Whirlpool a green thumbs-up, and nine give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Whirlpool is hold, with an average price target of $67.33.
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