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Washed (WHR Earnings Preview)

Whirlpool (WHR) will report Q1 earnings this afternoon (16:05 last quarter) with a conference call to follow at 4:30 PM ET.

Current Cap IQ consensus estimates Q1 EPS of $2.96 (+18% Y/Y) on revs of $4.95 bln (+3%).

Last quarter, the company beat on EPS, but missed on revenue for the second straight quarter. WHR also guided FY18 EPS below consensus.

TECHS:

WHR trades at 10x earnings estimates and the weekly options imply a ~6% move in the stock by Friday's expiration.