** Shares of Goodyear Tire & Rubber GT.O rise ~18% to $9.64 following the company's quarterly results that beat analyst expectations
** GT is on track for biggest daily pct rise since May 2023 and highest close since mid-Dec last year
** Co reported after close on Thurs EPS of 39 cents vs street estimate of 31 cents as well as 3.3% rise in rev to $4.95 bln vs street estimate of $4.87 bln, per LSEG data
** Among 10 analysts that cover GT, avg rating is "HOLD" and median PT is $10.10, down from $12.20 in Nov
** GT is up ~7% YTD with today's move vs ~37% decline in 2024
(Reporting by Chibuike Oguh in New York)
((Chibuike.Oguh@thomsonreuters.com; +332-219-1834; Reuters Messaging: chibuike.oguh.thomsonreuters.com@reuters.net))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.