: Whirlpool stock rises after earnings beat


Whirlpool Corp. WHR shares rose in the extended session Monday after the company topped Wall Street earnings estimates. Whirlpool shares rose 3.5% after hours, following a 0.2% decline in the regular session to close at $140.70. The company reported first-quarter net income of $179 million, or $3.27 a share, versus net income of $313 million, or $5.33 a share, in the year-ago period. Adjusted earnings, which exclude stock-based compensation expenses and other items, were $2.66 a share, compared with $5.31 a share in the year-ago period. Revenue declined to $4.65 billion from $4.92 billion in the year-ago quarter. Analysts…

This article was originally published by Marketwatch.com. Read the original article here.

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