Fly News Breaks for July 5, 2016
DOOR, WHR
Jul 5, 2016 | 08:27 EDT
RBC Capital says that Whirlpool (WHR) has dropped 6.8% since the Brext vote, while Masonite (DOOR) has retreated 4.7%. The firm estimates that, in a worst-case scenario, Whirlpool's 2H16 EBITDA would come in 3.6% lower than the firm's current estimate as a result of Brexit, while Masonite's 2H16 EBITDA would be 2.8% below the firm's current outlook.
News For WHR;DOOR From the Last 2 Days
WHR
Apr 24, 2024 | 15:20 EDT
Pre-earnings options volume in Whirlpool is 1.9x normal with calls leading puts 4:3. Implied volatility suggests the market is anticipating a move near 6.0%, or $6.38, after results are released. Median move over the past eight quarters is 3.8%.