Whirlpool of India Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Whirlpool of India Limited (NSE:WHIRLPOOL) just released its latest quarterly report and things are not looking great. Results showed a clear earnings miss, with ₹17b revenue coming in 3.5% lower than what the analystsexpected. Statutory earnings per share (EPS) of ₹4.10 missed the mark badly, arriving some 21% below what was expected. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

View our latest analysis for Whirlpool of India

After the latest results, the eleven analysts covering Whirlpool of India are now predicting revenues of ₹78.9b in 2025. If met, this would reflect an okay 5.0% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to expand 17% to ₹27.87. In the lead-up to this report, the analysts had been modelling revenues of ₹79.0b and earnings per share (EPS) of ₹30.60 in 2025. The analysts seem to have become a little more negative on the business after the latest results, given the minor downgrade to their earnings per share numbers for next year.

It might be a surprise to learn that the consensus price target was broadly unchanged at ₹2,126, with the analysts clearly implying that the forecast decline in earnings is not expected to have much of an impact on valuation. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on Whirlpool of India, with the most bullish analyst valuing it at ₹2,425 and the most bearish at ₹1,500 per share. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. It's clear from the latest estimates that Whirlpool of India's rate of growth is expected to accelerate meaningfully, with the forecast 10% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 5.4% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to see revenue growth of 17% annually. It seems obvious that, while the future growth outlook is brighter than the recent past, Whirlpool of India is expected to grow slower than the wider industry.

The Bottom Line

The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. The consensus price target held steady at ₹2,126, with the latest estimates not enough to have an impact on their price targets.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have estimates - from multiple Whirlpool of India analysts - going out to 2027, and you can see them free on our platform here.

You can also see our analysis of Whirlpool of India's Board and CEO remuneration and experience, and whether company insiders have been buying stock.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.