Whirlpool plunges after Q2 earnings miss, FY profit outlook trim

Whirlpool

29/07/2025 12:43

** Shares of home appliances maker Whirlpool WHR.N slump 17.4% to $80.92 premarket

** Q2 sales of $3.77 bln misses analysts' estimates of $3.88 bln - data compiled by LSEG

** Q2 adj. EPS of $1.34 misses expectations of $1.74

** Co now sees FY profit between $6 and $8 per share, compared to $10 per share earlier

** Q2 continued to be impacted by competitors stockpiling Asian imports into the U.S. - CEO Marc Bitzer

** CEO says still confident that evolving tariff policies will support domestic manufacturers

** Average rating of 11 analysts is "hold", median PT at $115 - LSEG

** Stock had lost 14.5% YTD, till last close

 (Reporting by Purvi Agarwal in Bengaluru)

 ((Purvi.Agarwal@thomsonreuters.com;))