It's Showtime for Whirlpool (WHR)

It's Showtime for Whirlpool

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.

Revenue details
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.

EPS details
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.

Recent performance
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.

Looking ahead

The full year's average estimate for revenue is $18.47 billion. The average EPS estimate is $6.30.

Investor sentiment
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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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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