Whirlpool Corp. on Friday posted quarterly adjusted earnings that exceeded Wall Street's expectations, but sales fell short of its mark. The appliance maker's fourth-quarter net earnings were $180 million, or $2.28 a share, more than doubling from $81 million, or $1.02 a share, a year ago. Adjusted earnings came in at $4.10 a share. Sales were $5.56 billion, compared with $6 billion in the year-earlier period. Analysts were looking for adjusted earnings of $3.91 a share, on sales of $5.71 billion. Sales excluding the impact of currency increased 4%, Whirlpool said. The company expects full-year 2016 per-share earnings of $11.25 to $12, and adjusted earnings of $14 to $14.75 a share. Shares were inactive premarket.
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