Goodyear Tire & Rubber Co reports results for the quarter ended March 31 - Earnings Summary

Goodyear Tire & Rubber

07/05/2025 22:37

Goodyear Tire & Rubber Co GT.OQ reported a quarterly adjusted loss of 4 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 10 cents.  The mean expectation of eight analysts for the quarter was for a loss of 3 cents per share. Wall Street expected results to range from -11 cents to 3 cents per share.

Revenue fell 6.3% to $4.25 billion from a year ago; analysts expected $4.39 billion.

Goodyear Tire & Rubber Co's reported EPS for the quarter was 40 cents​.

The company reported quarterly net income of $115 million.

Goodyear Tire & Rubber Co shares had risen by 18.6% this quarter and gained 21.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 108.6% 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 "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the tires & rubber products peer group is also "buy"

Wall Street's median 12-month price target for Goodyear Tire & Rubber Co is $13.00

This summary was machine generated from LSEG data May 7 at 09:37 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
Mar. 31 2025
-0.03
-0.04
Missed
Dec. 31 2024
0.31
0.39
Beat
Sep. 30 2024
0.21
0.37
Beat
Jun. 30 2024
0.13
0.19
Beat