Friday, July 20, 2007

Whirlpool profit up but shares fall on sales miss

(Reuters) - Whirlpool backed its prior full-year profit forecast and said it expected performance in North America, its largest market, to improve in the second half as U.S. appliance demand rises.




Second-quarter net earnings rose to $161 million, or $2 a share, from $91 million, or $1.14 a share, a year earlier. Analysts on average expected $1.83 a share, according to Reuters Estimates.


Read more at Reuters.com Hot Stocks News

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