Investing.com - Whirlpool (NYSE:WHR) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Whirlpool announced earnings per share of $2.15 on revenue of $4.04B. Analysts polled by Investing.com anticipated EPS of $0.78 on revenue of $3.51B.
Whirlpool shares are down 0% from the beginning of the year and are trading at $157.88 , down-from-52-week-high.They are under-performing the S&P 500 which is up 1.4% from the start of the year.
Whirlpool shares gained 7.41% in after-hours trade the report.
Whirlpool follows other major Consumer Cyclical sector earnings this month
Whirlpool's report follows an earnings missed by Nike on Thursday, June 25, 2020, who reported EPS of $-0.51 on revenue of $6.31B, compared to forecasts EPS of $0.09 on revenue of $7.3B.
PACCAR had beat expectations on Tuesday with second quarter EPS of $0.43 on revenue of $2.7B, compared to forecast for EPS of $0.3 on revenue of $2.95B.
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