Whirlpool (WHR) Tops Q4 EPS by 17c
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Whirlpool Corporation Reports Fourth-Quarter And Full-Year 2017 Results; Provides 2018 Guidance
January 24, 2018 4:30 PM ESTBENTON HARBOR, Mich., Jan. 24, 2018 /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR) announced today fourth-quarter GAAP operating profit of $267 million, or 4.7 percent of sales, compared to $341 million, or 6.0 percent of sales, in the same prior-year period. Fourth-quarter ongoing operating profit(2) was $392 million, or 6.9 percent of sales, compared to $431 million, or 7.6 percent of sales, in the same prior-year period. On a GAAP and ongoing basis, the favorable impacts of cost productivity, product price/mix and restructuring benefits were more than offset by unfavorable raw material inflation and unit volume declines.
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