Whirlpool: Q3 Earnings Snapshot
Dorman Products beat per-share profit estimates but missed revenue forecasts, and it guided full-year earnings to $8.50 to $8.70 per share.
- On Monday, Whirlpool Corp. reported a $237 million third-quarter loss, with revenue of $3.68 billion missing Wall Street expectations. The Benton Harbor, Michigan-based company posted a loss of $3.80 per share.
- Analysts surveyed by Zacks Investment Research expected earnings of 50 cents per share, but Whirlpool reported adjusted losses of 21 cents per share. This significant shortfall underscored the appliance maker's operational challenges.
- Separately, Dorman Products Inc. reported third-quarter earnings of $59.2 million on Monday, as the Colmar, Pennsylvania-based distributor posted revenue of $561.7 million, missing Street forecasts of $563.1 million.
- Dorman Products expects full-year earnings in the range of $8.50 to $8.70 per share, signaling management confidence despite the quarter's revenue miss.
- Whirlpool expects full-year revenue of $14.5 billion, reflecting headwinds for the appliance maker, which owns brands including Maytag and KitchenAid.
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Whirlpool, owner of the brands Brastemp and Consul, recorded a loss of US$ 237 million in the third quarter of this year, reversing the profit of US$ 73 million reported a year earlier. On the same basis, the company's revenue fell 8.8% to US$ 3.68 billion. Performance was driven by the decline of 8.3% of sales in North America, which totaled US$ 2.49 billion, reflecting the weak demand of the industry. On the other hand, in Latin America, net s…
Dorman Products: Q3 Earnings Snapshot
COLMAR, Pa. (AP) — COLMAR, Pa. (AP) — Dorman Products Inc. (DORM) on Monday reported third-quarter earnings of $59.2 million.
Dorman Products, Inc. Reports Third Quarter 2026 Results; Updates 2026 Guidance
Highlights (All comparisons are to the prior year period unless otherwise noted): Net sales of $561.7 million for the quarter, up 3.3%Diluted earnings per share ('EPS”) of...
Whirlpool (NYSE:WHR) Posts Earnings Results, Misses Estimates By $1.01 EPS
Whirlpool (NYSE:WHR - Get Free Report) announced its quarterly earnings results on Monday. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.80 by ($1.01). The business had revenue of $3.68 billion during the quarter, compared to analyst estimates of $3.94 billion. Whirlpool had a net margin of 1.17% and a return on equity of 4.18%.
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