Bridgestone (OTCMKTS:BRDCY) Releases Quarterly Earnings Results, Misses Estimates By $0.14 EPS

Bridgestone (OTCMKTS:BRDCY) released its earnings results on Monday. The company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.14), Zacks reports. The company had revenue of $7.34 billion for the quarter. Bridgestone updated its FY 2024 guidance to 3.300-3.300 EPS.

Bridgestone Stock Down 2.4 %

OTCMKTS:BRDCY opened at $17.24 on Thursday. The company has a current ratio of 2.39, a quick ratio of 1.56 and a debt-to-equity ratio of 0.14. The firm has a fifty day simple moving average of $18.67 and a 200-day simple moving average of $19.82. Bridgestone has a 12 month low of $17.03 and a 12 month high of $23.05.

About Bridgestone

Bridgestone Corporation, together with its subsidiaries, manufactures and sells tires and rubber products. The company offers tires and tire tubes for passenger cars, trucks, buses, construction and off-road mining vehicles, industrial and agricultural machinery, aircraft, motorcycles, scooters, and other vehicles; automotive parts; automotive maintenance and repair services; and raw materials for tires and other products.