Whirlpool Adjusts 2014 Outlook On Acquistions, Gives 2015 View

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Whirlpool Corp. said late Monday it updated its 2014 outlook to account for recent acquisitions and provided an outlook for 2015. Shares of Whirlpool rose 1.4% to $185.88 on light volume. Whirlpool said its acquisition of Indesit Co. and a majority stake in Hefei Rongshida Sanyo Electric Co. will result in 2014 earnings of $8 to $8.20 a share, or ongoing business diluted earnings of $10.90 to $11.10 a share. For 2015, Whirlpool expects earnings of $10.75 to $11.75 a share, or ongoing business diluted earnings of $14 to $15 a share.

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