Whirlpool reports qtrly gaap earnings per share $4.52

Whirlpool corporation reports strong fourth-quarter and full-year 2019 results; provides 2020 guidance.q4 ongoing eps $4.91 .q4 earnings per share estimate $4.27 -- refinitiv ibes data.outlook for 2020, forecasting earnings per diluted share of $14.80 to $15.80 on a gaap basis.outlook for 2020, forecasting earnings per diluted share of $16.00 to $17.00 on an ongoing basis.says underlying drivers of our global business are favorable.north america reported fourth-quarter net sales of $3.1 billion, compared to $3.1 billion in the same prior-year period.qtrly gaap earnings per share $4.52.qtrly net sales $5,382 million.q4 revenue view $5.52 billion -- refinitiv ibes data.fy2020 earnings per share view $16.34 -- refinitiv ibes data.underlying drivers of global business are favorable, including demand for innovative products & moderation of inflationary cost pressures.sees 2020 ongoing earnings per diluted share of $16.00 to $17.00.qtrly whirlpool europe, middle east and africa net sales of $1.2 billion versus $1.2 billion.sees fy 2020 free cash flow of $800 million to $900 million.qtrly whirlpool europe, middle east and africa net sales down 5.5% yoy.china brand transition investments, soft demand environment resulting in another quarter with operating losses in china.qtrly ongoing earnings per share were $4.91.
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