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Whirlpool shares fell over 9% in premarket trading after an unexpected adjusted quarterly loss and weaker revenue. The company cut its annual outlook and plans price increases in North and Latin America.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Whirlpool Corporation shares fell more than 9% in pre-market trading Tuesday.
00:08According to Benzinga, the appliance maker reported a third quarter adjusted loss of 21 cents per share,
00:14missing expectations for earnings of 80 cents per share.
00:17Revenue declined 8.8% to $3.677 billion, below estimates of $3.92 billion.
00:25North American appliance sales fell 8.2%, while Latin American sales rose 2.5%.
00:31Whirlpool lowered its 2026 adjusted earnings outlook to a loss of $1.30 per share
00:38from a previous forecast of earnings between $2.50 and $3 per share.
00:44The company also cut its annual revenue forecast to $14.5 billion from $15 billion.
00:50Whirlpool plans, fourth quarter price increases of 7% in North America and up to 10% in Latin America.
00:58For all things money, visit Benzinga.com.

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