Investing.com -- Whirlpool on Wednesday delivered downbeat full-year earnings guidance even as the application maker reported third-quarter results that beat on both the top and bottom lines.
Whirlpool Corporation (NYSE:WHR) was down more than 4% in afterhours trading following the news.
The company reported adjusted EPS of $5.45 on revenue of $4.93 billion, beating estimates for EPS of $5.45 and revenue of $4.74B.
Looking ahead to the full-year 2023, the company said it now expects adjusted EPS of $16.00, compared with prior estimate for a range of $16.00 to $18.00. The company maintained its guidance for net sales of approximately $19.4B.