Goodyear Tire & Rubber Co expected to post earnings of 31 cents a share - Earnings Preview

Reuters
12 Feb
Goodyear Tire & Rubber Co <gt.oq> expected to post earnings of 31 cents a share - Earnings Preview </gt.oq>
  • Goodyear Tire & Rubber Co GT.OQ GT.O is expected to show a fall in quarterly revenue when it reports results on February 13 for the period ending December 31 2024

  • The Akron Ohio-based company is expected to report a 4.7% decrease in revenue to $4.875 billion from $5.12 billion a year ago, according to the mean estimate from 6 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Goodyear Tire & Rubber Co is for earnings of 31 cents per share.

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Goodyear Tire & Rubber Co is $10.10​, above​ its last closing price of $8.24. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

0.21

0.21

0.37

Beat

77.9

Jun. 30 2024

0.12

0.13

0.19

Beat

49.6

Mar. 31 2024

0.04

0.01

0.10

Beat

1,834.2​

Dec. 31 2023

0.42

0.36

0.47

Beat

28.9

​​Sep. 30 2023

0.15

0.19

0.36

Beat

85

Jun. 30 2023

0.15

0.16

-0.34

Missed

-308.4​

Mar. 31 2023

-0.28

-0.30

-0.29

Beat

2.5

Dec. 31 2022

0.06

0.06

0.07

Beat

16.7

This summary was machine generated February 11 at 21:12 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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