Whirlpool's net income dropped 58 per cent in the third quarter from results a year ago. But its adjusted results beat Wall Street's expectations and the world's largest appliance maker lifted its forecast for full-year adjusted earnings. Whirlpool Corp., whose brands include Maytag, KitchenAid and its namesake, earned $74 million, or 94 cents per share, for the three months ended Sept. 30. That was down from $177 million, or $2.27 per share, a year earlier that included tax credits totalling $2.35 per share. Excluding a restructuring charge and other items, earnings for the current quarter were $1.80 per share as Whirlpool benefited from higher prices and cost cuts.
