Whirlpool Earnings Drop to $1.02 Per Share

Whirlpool Corp. (WHR) reported third-quarter earnings of $1.02 per diluted share, down from $1.15 per diluted share a year.

On an adjusted basis, earnings per share were $2.22 in the third quarter, compared with $1.67 a year earlier, the company said in a statement.

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Sales rose 0.5% from a year earlier to $4.5 billion. Whirlpool saw sales rise 13% in Latin America and drop 8% in…