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Benzinga
Benzinga
Business
Dylan Berman

Whirlpool Stock Is Trading Lower Tuesday: What's Going On?

Whirlpool Whirlpool Corporation

Whirlpool Corporation (NYSE:WHR) shares are trading lower Tuesday after the company reported worse-than-expected second quarter financial results and cut its 2025 guidance.

What To Know: Whirlpool reported adjusted earnings per share of $1.34, missing the consensus estimate of $1.78. In addition, it reported sales of $3.77 billion, missing the consensus estimate of $3.89 billion.

Following the earnings report, B of A Securities analyst Rafe Jadrosich downgraded Whirlpool from a Neutral rating to a Underperform rating and lowered its price target from $100 to $70.

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