beat analysts' revised earnings expectations for the latest third quarter.
The home appliance maker reported third-quarter earnings of $67 million, or 98 cents a share, compared with $107 million, or $1.40 a share, for the same period a year ago. The company beat the eight-analyst
First Call/Thomson Financial
revised consensus estimate of 96 cents a share for the quarter.
Whirlpool had warned investors that it wouldn't meet earlier estimates due to the loss of
as a retail outlet, North American pricing pressures, and a weakening Euro.
Sales fell to $2.57 billion from $2.72 billion.
The company also said it expects to earn $1.45 to $1.55 a share for the fourth quarter, while analysts expect the company to earn $1.42 a share for the period.