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News Breaks | | | | March 13, 2013 | | 11:25 EDT |  | WHR | Whirlpool sees FY13 ongoing business operations EPS $9.25-$9.75
Consensus is $9.64. Sees FY ongoing business cash flow $950M-$1B. Says committed to delivering 8% margin target by 2014. Says long-term revenue growth target is 5%-7%. Cash flow priorities include: funding the business, debt maturities and pension contributions, return to shareholders and M&A. Comments from slides that will be presented at the Bank of America Merrill Lynch Consumer & Retail Conference. | |
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News For WHR From The Last 14 Days Check below for free stories on WHR the last two weeks. |
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| May 9, 2013 | | 12:50 EDT |  | WHR | Whirlpool likely to raise FY13 guidance, says Longbow
Longbow's monthly household appliance survey indicates April AHAM Core 6 wholesale shipments growth of +8-9% year-over-year vs previous forecasts of +3%. The firm expects Buy rated Whirlpool to raise FY13 earnings guidance given April results and low raw material cost inflation. As a result, the firm raised Whirlpool's Q2 EPS estimate to $2.56 from $2.36, vs consensus of $2.26, FY13 to $9.90 from $9.70, vs consensus of $9.68, and FY14 to $11.85 from $11.50, vs consensus of $11.33. | |
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