Investing.com - Whirlpool reported on Monday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Whirlpool announced earnings per share of $5.31 on revenue of $4.92B. Analysts polled by Investing.com anticipated EPS of $4.82 on revenue of $5.32B.
Whirlpool shares are down 23% from the beginning of the year and are trading at $178.00 , down-from-52-week-high.They are under-performing the S&P 500 which is down 9.86% from the start of the year.
Whirlpool shares lost 0.39% in after-hours trade the report.
Whirlpool follows other major Consumer Discretionary sector earnings this month
Whirlpool's report follows an earnings beat by Tesla on Wednesday, who reported EPS of $3.22 on revenue of $18.76B, compared to forecasts EPS of $2.26 on revenue of $17.87B.
BYD ADR had missed expectations on March 29 with first quarter EPS of $0.0661 on revenue of $11.18B, compared to forecast for EPS of $0.2333 on revenue of $6.72B.
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