Figma Shares Indicated To Open $105/$110
BENTON HARBOR, Mich. - Whirlpool Corporation (NYSE:WHR) saw its shares jump 3.9% after the appliance maker reported mixed first-quarter results but provided an optimistic full-year outlook that exceeded analyst expectations.
The company posted adjusted earnings per share of $1.70 for Q1, slightly below the $1.71 consensus estimate. Revenue came in at $3.62 billion, missing analyst projections of $3.67 billion and declining 19.4% YoY due to the divestiture of its European business. However, organic net sales grew 2.2% driven by strong performance in its small domestic appliances and Asia segments.
Despite the revenue miss, Whirlpool expanded its ongoing EBIT margin by 160 basis points to 5.9% compared to 4.3% in Q1 2024, citing previously announced pricing actions and cost reduction efforts.
"Despite the uncertain macro environment which impacted consumer confidence in the first quarter, we delivered 160 basis points of margin expansion," said Marc Bitzer, Chairman and CEO.
Looking ahead, Whirlpool reaffirmed its full-year 2025 guidance, projecting adjusted EPS of approximately $10.00 on revenue of $15.8 billion. This outlook slightly tops the consensus estimates of $9.98 EPS and $15.76 billion in revenue.
The company expects to generate operating cash flow of about $1 billion and free cash flow between $500 million to $600 million for the year. Whirlpool also declared a $1.75 per share dividend for both Q1 and Q2.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.