Investing.com - Whirlpool reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Whirlpool announced earnings per share of $6.64 on revenue of $5.32B. Analysts polled by Investing.com anticipated EPS of $5.95 on revenue of $5.05B.
Whirlpool shares are up 20% from the beginning of the year and are trading at $214.94 , down-from-52-week-high.They are outperforming the S&P 500 which is up 16.05% from the start of the year.
Whirlpool shares lost 1.08% in after-hours trade the report.
Whirlpool follows other major Consumer Cyclical sector earnings this month
Whirlpool's report follows an earnings beat by Nike on June 24, who reported EPS of $0.93 on revenue of $12.34B, compared to forecasts EPS of $0.5111 on revenue of $11.03B.
Levi Strauss A had beat expectations on July 8 with second quarter EPS of $0.23 on revenue of $1.28B, compared to forecast for EPS of $0.0919 on revenue of $1.21B.
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