Whirlpool announces solid second quarter results; reaffirms 2023 earnings guidance

Gaap net earnings margin of 1.8%, sequentially(1) improved by approximately 570 basis points; gaap earnings per diluted share of $1.55 ongoing (non-gaap) ebit margin(2) of 7.3%, sequentially(1) improved by approximately 200 basis points; ongoing (non-gaap) earnings per diluted share(3) of $4.21 cost take out actions delivered approximately $150 million of year-over-year q2 benefit reaffirmed full-year gaap and ongoing(3) earnings per diluted share of $13.00 to $15.00 and $16.00 to $18.00, respectively; full-year cash provided by operating activities of $1.4 billion and free cash flow(4) of approximately $800 million returned $193 million of dividends to shareholders in the first half of 2023, representing the 68th consecutive year of dividends to shareholders benton harbor, mich. , july 24, 2023 /prnewswire/ -- whirlpool corporation (nyse: whr), today reported second-quarter 2023 financial results.
WHR Ratings Summary
WHR Quant Ranking