Investing.com - Whirlpool (NYSE:WHR) reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Whirlpool announced earnings per share of $6.64 on revenue of $5.80B. Analysts polled by Investing.com anticipated EPS of $6 on revenue of $5.57B.
Whirlpool shares are down 6% from the beginning of the year, still down 0.72% from its 52 week high of $214.55 set on January 27. They are under-performing the S&P 500 which is down 0.08% from the start of the year.
Whirlpool shares lost 7.05% in after-hours trade following the report.
Whirlpool follows other major Consumer Cyclical sector earnings this month
Whirlpool's report follows an earnings missed by Tesla on Wednesday, who reported EPS of $0.8 on revenue of $10.74B, compared to forecasts EPS of $1.04 on revenue of $10.47B.
Louis Vuitton ADR had beat expectations on Wednesday with fourth quarter EPS of $2.02 on revenue of $17.4B, compared to forecast for EPS of $1.75 on revenue of $17.34B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar