Whirlpool's stock experienced a significant pre-market plunge of 8.56% following the release of its disappointing fourth-quarter financial results and below-expectations guidance for the coming year.
The appliance maker reported adjusted earnings per share of $1.10 for the quarter, falling well short of the FactSet consensus estimate of $1.52. Revenue also missed expectations, coming in at $4.098 billion compared to the estimated $4.27 billion. Sales declined in key regions, with North American revenue decreasing 0.9% and Latin American revenue falling 4.6%, primarily driven by lower sales volumes.
Management cited aggressive discounting during the Black Friday period and a challenging macroeconomic environment, including issues in Argentina and competitive pressures in Brazil, as factors impacting performance. Furthermore, the company's 2026 guidance disappointed investors, with Whirlpool forecasting adjusted earnings per share of approximately $7.00, below Wall Street's projection of $7.17.
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