Whirlpool Full Year 2024 Earnings: EPS Misses Expectations

Whirlpool (NYSE:WHR) Full Year 2024 Results

Key Financial Results

• Revenue: US$16.6b (down 15% from FY 2023).
• Net loss: US$323.0m (down by 167% from US$481.0m profit in FY 2023).
• US$5.86 loss per share (down from US$8.75 profit in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Whirlpool EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.

The primary driver behind last 12 months revenue was the Major Domestic Appliances (MDA) North America segment contributing a total revenue of US$10.4b (62% of total revenue). Notably, cost of sales worth US$14.0b amounted to 84% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$1.66b (57% of total expenses). Explore how WHR's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 5.5% growth forecast for the Consumer Durables industry in the US.

Performance of the American Consumer Durables industry.

The company's shares are up 2.1% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for Whirlpool (2 are a bit concerning!) that you need to be mindful of.

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