BENTON HARBOR, Mich. (AP) — BENTON HARBOR, Mich. (AP) — Whirlpool Corp. (WHR) on Monday reported second-quarter earnings of $75 million.
On a per-share basis, the Benton Harbor, Michigan-based company said it had net income of $1.15. Losses, adjusted for non-recurring gains, came to 21 cents per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 20 cents per share.
The maker of Maytag, KitchenAid and other appliances posted revenue of $3.52 billion in the period.
Whirlpool expects full-year earnings in the range of $2.50 to $3 per share, with revenue expected to be $15 billion.
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