Whirlpool Q4 Earnings Highlights: EPS Beat, Revenue Miss, Stock Falls On Guidance
What Happened: Whirlpool reported fourth-quarter net sales of $4.14 billion, down 18.7% year-over-year. The revenue total missed a Street consensus estimate of $4.23 billion, according to data from Benzinga Pro. The company said the net sales decline was the result of the Europe divestiture with organic net sales up 1.9% year-over-year.