Whirlpool Misses Expectations For First Quarter

Revenue was up in the first quarter for Whirlpool, but the world’s largest appliance maker missed Wall Street expectations when it somes to earnings per share at $2.50. The Benton Harbor-based company revised its full-year earnings guidance down, also falling under the expectations of analysts. Whirlpool released its earnings report Monday evening after the market closed, showing revenue growth of around 4% with the full-year earnings pressured by what it calls “temporary integration challenges” in the Europe-Middle East-Asia region.