Whirlpool Posts $3.80 Loss Per Share in Third Quarter
WHR is trading near its 52-week low of $25.73 (2.8% above the low) on elevated volume (2.6× avg).
Summary
Whirlpool reported a third-quarter loss of $237 million, or $3.80 per share, a steep deterioration for a company already trading near its 52-week low. Sales came in at $3.68 billion, and the adjusted loss per share was 21 cents. The result follows a Q2 in which sales fell 6.8% to $3.52B and management cut full-year earnings guidance on higher interest expense from the $2 billion secured bond issuance, and the common dividend was suspended in August. The company guided full-year 2026 GAAP EPS to $(4.95) and ongoing EPS to $(1.30), with free cash flow of about $300 million and year-end net debt below $4.5 billion. A loss of this size at a roughly $1.7 billion market cap points to continued cash burn and demand weakness rather than a one-off item, and it lands with the stock already down sharply from its $94.82 high.
Updated with an SEC 8-K filing · What changed
Updates
· SEC 8-K — Whirlpool guided full-year 2026 GAAP EPS to $(4.95) and ongoing EPS to $(1.30), with free cash flow of about $300 million and year-end net debt below $4.5 billion.
At the time of this announcement, WHR was trading at $26.45 on NYSE in the Manufacturing sector, with a market capitalization of approximately $1.7B. The 52-week trading range was $25.73 to $94.82. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.