Cleveland Research lowered its estimates for Whirlpool after its channel work indicated "soft" industry shipments through Q1. Feedback on Whirlpool suggests the company's unit performance may be similar to the market in Q1, which is likely to be down 5%-7%, Cleveland said earlier in a research note. The firm believes sell-through in the appliance category remained weak through most of March. It also continues to see concern around incremental promotions for the appliance category through 2019. Cleveland reduced its 2019 earnings per share estimate for Whirlpool to $14.45 from $14.60 and keeps a Neutral rating on the stock.