BENTON HARBOR, Mich. (AP) — BENTON HARBOR, Mich. (AP) — Whirlpool Corp. (WHR) on Wednesday reported third-quarter earnings of $83 million.
The Benton Harbor, Michigan-based company said it had net income of $1.53 per share. Earnings, adjusted for non-recurring costs, were $5.45 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $4.38 per share.
The maker of Maytag, KitchenAid and other appliances posted revenue of $4.93 billion in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $4.85 billion.
Whirlpool expects full-year earnings to be $16 per share, with revenue expected to be $19.4 billion.
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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