Whirlpool Having Problems After Q2 Release

Filed under: Earnings Reports

Poor Whirlpool (WHR). With a little over an hour to go before the market closes up shop for the day, the stock is down 3.7% to $87.99. Shareholders have to be disappointed, considering the strong earnings report that the company released this morning.



According to this item, adjusted profit calculated out to $2.82 per share for the second quarter. Analysts were expecting somewhere around $2.17 per share. Furthermore, guidance from management for the full fiscal year received an upgrade. What do you think? Are these results worth a round of selling?

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Whirlpool Having Problems After Q2 Release originally appeared on BloggingStocks on Tue, 20 Jul 2010 16:40:00 EST. Please see our terms for use of feeds.

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