** charts before earnings **
** charts after earnings **
Whirlpool beats by $0.22, misses on revs; guides FY16 EPS in-line :
- Reports Q4 (Dec) earnings of $4.10 per share, excluding non-recurring items,$0.22 better than the Capital IQ Consensus of $3.88; revenues fell 7.4% year/year to $5.56 bln vs the $5.74 bln Capital IQ Consensus. Excluding the impact of currency, sales increased by 4%.
- Record fourth-quarter ongoing business operating profit totaled $468 million, or ~8.5% of sales, compared to $456 million, or 7.6% of sales, in the same prior-year period. Acquisition synergies, the benefits of cost and capacity-reduction initiatives, ongoing cost productivity and improved price/mix more than offset unfavorable currency, weak emerging market demand and increased investments in marketing, technology and products.
- Co issues in-line guidance for FY16, sees EPS of $14.00-14.75, excluding non-recurring items, vs. $14.42 Capital IQ Consensus; FCF $700-800 mln.
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