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Fly News Breaks for April 25, 2017
WHR
Apr 25, 2017 | 08:11 EDT
After speaking with Whirlpool's management, RBC Capital analyst Robert Wtenhall says he is more comfortable about the company's Q1 miss. Wetenhall now believes that the company is resolving " transitory problems in Europe related to limited product availability." He expects these problems to eventually be solved and remains upbeat on its fundamentals in the Western Hemisphere. He recommends buying the stock on weakness and keeps a Top Pick rating on the shares.
News For WHR 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%.