WASHINGTON (dpa-AFX) - Whirlpool Corp. (WHR) reported a profit for its first quarter that rose from last year.
The company's bottom line totaled $471 million, or $7.31 per share. This compares with $94 million, or $1.30 per share, in last year's first quarter.
Excluding items, Whirlpool Corp. reported adjusted earnings of $298 million or $3.11 per share for the period.
Analysts had expected the company to earn $2.87 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 3.1% to $4.76 billion from $4.91 billion last year.
Whirlpool Corp. earnings at a glance:
-Earnings (Q1): $298 Mln. vs. $295 Mln. last year. -EPS (Q1): $3.11 vs. $2.81 last year. -Analysts Estimate: $2.87 -Revenue (Q1): $4.76 Bln vs. $4.91 Bln last year.
-Guidance: Full year EPS guidance: $14.00 - $15.00
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