The appliance maker reported a non-GAAP EPS of -$0.56 and $3.27B in revenue, missing estimates by wide margins.
Whirlpool reported a non-GAAP loss of $0.56 per share for the quarter, missing expectations by $1.03. Revenue reached $3.27 billion, falling short of estimates by $170 million.
Analysts had anticipated a smaller loss and higher revenue, reflecting weaker-than-expected demand in the appliance sector. The company’s performance contrasts with prior quarters, where results aligned more closely with consensus.
Shares showed limited immediate reaction, as markets had priced in softness following recent industry trends.