Whirlpool cuts 2026 ongoing EPS guidance to about $6.00

Reuters03-02
Whirlpool cuts 2026 ongoing EPS guidance to about $6.00

Whirlpool Corporation updated its full-year 2026 ongoing (non-GAAP) earnings per share guidance after completing concurrent public offerings of common stock and mandatory convertible preferred depositary shares. The company now expects ongoing EPS of about $6.00, down from about $7.00 previously, reflecting the offering’s impact, including a higher weighted-average diluted share count of 71.3 million versus 57.4 million and higher expected dividends paid of about $270 million versus about $200 million. It also revised expected pre-tax interest expense to about $293 million from about $330 million.

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