BENTON HARBOR, Mich. (AP) — BENTON HARBOR, Mich. (AP) — Whirlpool Corp. (WHR) on Wednesday reported a loss of $259 million in its first quarter.
On a per-share basis, the Benton Harbor, Michigan-based company said it had a loss of $4.72. Earnings, adjusted for costs related to mergers and acquisitions and pretax expenses, were $1.78 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.61 per share.
The maker of Maytag, KitchenAid and other appliances posted revenue of $4.49 billion in the period.
Whirlpool expects full-year earnings in the range of $13 to $15 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WHR at https://www.zacks.com/ap/WHR