Updates

** Shares of home appliance firm Whirlpool WHR.N slump 17.8% to $45.05 premarket

** Co stock falls after Q1 revenue misses estimates and co suspends common dividend

** Co posts Q1 revenue of 3,272 mln, missing analyst est. of 3,445 mln

** Co says war in Iran resulted in recession-level industry decline in the U.S. as consumer confidence collapsed in late February and March

** Co suspended its dividend as it prioritized debt reduction of more than $900 million in 2026

** Stifel cuts WHR's PT to $45 from $55; says "our revision is driven entirely by the 1Q26 shortfall with our estimates still including a pronounced 2H acceleration, which will require a sea change in the pricing environment"

** Two out of 13 analysts rate stock "buy", eight rate it "hold", three "sell"; median PT at $64.50 - data compiled by LSEG

** As of last close, WHR stock down 24.1% YTD