Whirlpool shares off; profit doubled, outlook up
NEW YORK (MarketWatch) — Whirlpool Corp. shares fell 5.8% in Tuesday trading. The Benton Harbor, Mich., appliance maker reported second-quarter net income more than doubled to $2.64 a share, or an adjusted $2.82, from $1.04 in the year-earlier period. Revenue rose 8.8% to $4.53 billion. A survey of analysts by FactSet Research produced consensus estimates of $2.09 of profit on $4.48 billion of …
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