Earnings
Whirlpool swings to a Q3 loss and now expects a full-year 2026 loss
Whirlpool now sees 2026 ongoing (non-GAAP) EPS of about -$1.30, against $2.50-$3.00 guided in August. Q3 net sales fell 8.8% and GAAP EPS was a loss of $3.80.
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Whirlpool now sees 2026 ongoing (non-GAAP) EPS of about -$1.30, against $2.50-$3.00 guided in August. Q3 net sales fell 8.8% and GAAP EPS was a loss of $3.80.
Third-quarter operating revenue rose 1.5% as equipment revenue fell 9.0%, but adjusted EBITDA margin widened to 40.2%. Verizon also signed an AWS agreement it values at more than $2.0bn.
The steelmaker's new 1H FY2027 underlying EBIT guidance is above its earlier A$860m-A$960m range, and it names stronger US steel spreads at its North Star mill as the main driver.