Whirlpool Corp Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Whirlpool Corp (NYSE:WHR) will unveil its latest earnings on Wednesday, February 1, 2012. Whirlpool manufactures and markets appliances and products for home use. It makes washers, dryers, refrigerators, air conditioners, dishwashers, freezers, microwave ovens, ranges, trash compactors and air purifiers.

Whirlpool Corp Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of $2.06 per share, a decline of 2.4% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $3.27. Between one and three months ago, the average estimate moved down. It also has dropped from $2.17 during the last month. For the year, analysts are projecting net income of $9.21 per share, a decline of 4.6% from last year.

Past Earnings Performance: The company fell short of estimates last quarter after being in line with forecasts the quarter prior. In the third quarter, it reported profit of $2.35 per share versus a mean estimate of $2.68. Two quarters ago, it reported net income of $2.76 per share.

Investing Insights: Will the iPad 3 Be the Next Catalyst for Apple’s Stock?

Wall St. Revenue Expectations: Analysts are projecting a decline of 1.2% in revenue from the year-earlier quarter to $4.98 billion.

Analyst Ratings: Analysts seem relatively indifferent about Whirlpool with four of five analysts surveyed maintaining a hold rating.

A Look Back: In the third quarter, profit rose more than twofold to $177 million ($2.27 a share) from $79 million ($1.02 a share) the year earlier, but fell short analyst expectations. Revenue rose 2.3% to $4.63 billion from $4.52 billion.

Key Stats:

Revenue has risen the past four quarters. Revenue rose 4.3% in the second quarter from the year earlier, climbed 3% in the first quarter from the year-ago quarter and 3.6% in the fourth quarter of the last fiscal year.

Competitors to Watch: General Electric (NYSE:GE), Siemens (NYSE:SI), Indesit Company SpA (NYSE:IND).

Stock Price Performance: During December 27, 2011 to January 26, 2012, the stock price had risen $7.80 (16.7%) from $46.62 to $54.42. The stock price saw one of its best stretches over the last year between December 28, 2011 and January 5, 2012 when shares rose for six-straight days, rising 8.5% (+$3.95) over that span. It saw one of its worst periods between July 20, 2011 and August 2, 2011 when shares fell for 10-straight days, falling 13.9% (-$10.32) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

Investing Insights: Will the iPad 3 Be the Next Catalyst for Apple’s Stock?