Saturday, October 6, 2012

Whirlpool Rising: Reiterates Year EPS View

Shares of Whirlpool (WHR) are up $1.43, or 2.4%, at $61.86 after the company’s management made a presentation this morning at a JP Morgan homebuilding and building products conference in New York that included a reiteration of this year’s profit outlook.

Today’s deck of slides includes, on slide�18, a reference to $6.50 to $7 per share from “ongoing business operations” for all of 2012. That matches with the 2012 outlook the company offered on April 26th (see slide 23).

The current non-GAAP EPS consensus is $6.42 per share, per FactSet.

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