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Earnings Analysis: 
Whirlpool Quarterly Profit Dips
Author: 123jump.com Staff
123jump.com
Last Update: 3:24 PM EDT April 24 2007



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Whirlpool first-quarter profit dipped 1% due to higher costs for materials and lower demand for appliances in the United States because of the slumping housing market. Everest first-quarter net income surged, thanks to favorable underwriting year trends, coupled with the lack of big losses. Chicago Mercantile first-quarter earnings rose 42% on sharply higher volume. Synalloy first-quarter profit more than quintupled, as higher metals prices offset a decline in chemical sales.

 

 

 

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