Whirlpool earnings beat estimates as higher prices offset tariff impact
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(Reuters) - Whirlpool Corp on Monday reported better-than-expected quarterly earnings and lifted its full-year profit forecast, as the appliance maker raised prices on its washing machines and kitchen appliances to offset higher production costs. Whirlpool has been wrestling with the impact of U.S. tariffs on imported steel and aluminium, both major components in its appliances, pushing the company to raise prices.Excluding items, the company earned $4.01 per share for the second quarter ended..