Goodyear Tire & Rubber Co reports results for the quarter ended June 30 - Earnings Summary
Goodyear Tire & Rubber Co reports results for the quarter ended June 30 - Earnings Summary
Goodyear Tire & Rubber Co GT.OQ reported a quarterly adjusted loss of 61 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -17 cents. The mean expectation of eight analysts for the quarter was for a loss of 62 cents per share. Wall Street expected results to range from -76 cents to -45 cents per share.
Revenue fell 4.8% to $4.25 billion from a year ago; analysts expected $4.12 billion.
Goodyear Tire & Rubber Co's reported EPS for the quarter was a loss of 71 cents.
The company reported a quarterly loss of $204 million.
Goodyear Tire & Rubber Co shares had risen by 8.9% this quarter and lost 17.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 567% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 9 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the tires & rubber products peer group is "buy."
Wall Street's median 12-month price target for Goodyear Tire & Rubber Co is $8.00, about 10.1% above its last closing price of $7.19
This summary was machine generated from LSEG data August 5 at 09:41 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.62 | -0.61 | Beat |
Mar. 31 2026 | -0.39 | -0.39 | Met |
Dec. 31 2025 | 0.48 | 0.39 | Missed |
Sep. 30 2025 | 0.16 | 0.28 | Beat |
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