Investing.com - Whirlpool (NYSE:WHR) reported on Monday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Whirlpool announced earnings per share of $5.97 on revenue of $5.2B. Analysts polled by Investing.com anticipated EPS of $5.27 on revenue of $5.23B.
Whirlpool shares are down 10% from the beginning of the year, still down 32.91% from its 52 week high of $245.44 set on January 5. They are outperforming the Nasdaq 100 which is down 24.46% from the start of the year.
Whirlpool shares gained 2.02% in after-hours trade following the report.
Whirlpool follows other major Consumer Discretionary sector earnings this month
Whirlpool's report follows an earnings beat by Tesla on Wednesday, who reported EPS of $2.27 on revenue of $16.93B, compared to forecasts EPS of $1.81 on revenue of $16.54B.
Nike had beat expectations on June 27 with fourth quarter EPS of $0.9 on revenue of $12.23B, compared to forecast for EPS of $0.8015 on revenue of $12.06B.
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