earnings
confidence high
sentiment neutral
materiality 0.80
Whirlpool Q4 GAAP EPS loss $7.10 on Maytag impairment; ongoing EPS $4.57; guides 2025 ongoing EPS ~$10.00
WHIRLPOOL CORP /DE/
2024-FY EPS reported
-$5.87
revenue$16,607,000,000
- Q4 net sales $4.14B, down 18.7% on Europe divestiture; organic net sales +1.9% to $4.17B.
- Q4 GAAP net loss $(393)M ($(7.10)/diluted share) driven by non-cash Maytag brand impairment; ongoing EPS $4.57.
- Full-year 2024 ongoing EBIT margin 5.3%; delivered ~$300M cost take-out as planned.
- 2025 outlook: GAAP EPS ~$8.75, ongoing EPS ~$10.00; free cash flow $500-600M; debt paydown ~$700M.
- Plans to reduce Whirlpool of India stake to ~20% via market sale; expects net proceeds of $550-600M.