Adjusted earnings per share will be about US$12 this year, the company said, down from the US$13 to US$15 it had previously seen. — Bloomberg
NEW YORK: Whirlpool Corp, the owner of Maytag, has lowered its full-year earnings forecast, as consumers continued to shy away from big-ticket appliance purchases amid a weakening housing market.
Adjusted earnings per share will be about US$12 this year, the company said, down from the US$13 to US$15 it had previously seen.
