Whirlpool: Valuation Risks Increase As Share Performance Outpaces Earnings Growth

Shares of Whirlpool (WHR) continued their impressive winning streak last week. Shares of the manufacturer of home appliances rose almost 10% over the past trading week, sending shares to their highest levels since 2010. As a result of last week's gains, shares have already more than doubled in 2012.

Third Quarter Results

Whirlpool reported its third quarter results last month in October, which were well received by the market. Whirlpool reported third quarter revenues of $4.50 billion, down 2.8% on the year. In constant currencies, revenues would have risen to $4.8 billion.

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