July 22, 2019 / 8:21 PM / 4 months ago

Whirlpool beats revenue estimates, raises full-year profit forecast

July 22 (Reuters) - Whirlpool Corp on Monday beat analysts' estimates for second-quarter revenue and raised its full-year profit forecast, as the appliance maker sold its washing machines and kitchen appliances at higher prices.

Net sales rose to $5.19 billion from $5.14 billion, beating analysts' estimates of $5.02 billion, according IBES data from Refinitiv.

The company raised its full-year adjusted earnings forecast to a range of $14.75 to $15.50 per share from a range of $14 to $15 per share.

Reporting by Uday Sampath and Sanjana Shivdas in Bengaluru; Editing by Anil D'Silva

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