BENTON HARBOR, Mich. (AP) — BENTON HARBOR, Mich. (AP) — Whirlpool Corp. (WHR) on Monday reported fourth-quarter earnings of $491 million.
On a per-share basis, the Benton Harbor, Michigan-based company said it had profit of $8.90. Earnings, adjusted for non-recurring gains, came to $3.85 per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $3.64 per share.
The maker of Maytag, KitchenAid and other appliances posted revenue of $5.09 billion in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $5.05 billion.
For the year, the company reported profit of $481 million, or $8.72 per share. Revenue was reported as $19.45 billion.
Whirlpool expects full-year earnings in the range of $13 to $15 per share, with revenue expected to be $16.9 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