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Home » Whirlpool shares slip after weaker-than-expected annual forecasts

Whirlpool shares slip after weaker-than-expected annual forecasts

    The white goods maker said it eliminated about $800 million in costs in 2023, and expects to cut up to $400 million more this year. The Michigan-based company expects sales in 2024 to be $16.9 billion, compared with LSEG estimates of $17.68 billion. Whirlpool also expects its annual adjusted profit to be between $13 and $15 per share, compared with analysts' average estimate of $15.48 per share.

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