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Fly News Breaks for April 26, 2017
WHR
Apr 26, 2017 | 07:24 EDT
RBC Capital analyst Robert Wetenhall says that investors are overlooking Whirlpool's weak results in Europe which he blames on integration of an acquisition, while they largely anticipated its fiscal 2017 EPS guidance cut. The analyst says that investors are focusing on Whirlpool's strong results in the Western Hemisphere, while its volume growth is beating the sector in three of its four markets and it reiterated its free cash flow guidance of $1B. He adds that the company's operating margin is increasing and keeps a Top Pick rating.
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%.