Investing.com - Whirlpool (NYSE:WHR) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Whirlpool announced earnings per share of $6.91 on revenue of $5.29B. Analysts polled by Investing.com anticipated EPS of $3.75 on revenue of $4.61B.
Whirlpool shares are up 33% from the beginning of the year and are trading at $205.80 , down-from-52-week-high.They are outperforming the S&P 500 which is up 6.31% from the start of the year.
Whirlpool shares gained 4.61% in after-hours trade the report.
Whirlpool follows other major Consumer Cyclical sector earnings this month
Whirlpool's report follows an earnings beat by Tesla on Wednesday, who reported EPS of $0.76 on revenue of $8.77B, compared to forecasts EPS of $0.55 on revenue of $8.26B.
Nike had beat expectations on Tuesday, September 22, 2020 with first quarter EPS of $0.95 on revenue of $10.59B, compared to forecast for EPS of $0.47 on revenue of $9.13B.
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