Goodyear Tire & Rubber (NASDAQ:GT – Get Free Report) will post its quarterly earnings results after the market closes on Monday, November 4th. Analysts expect Goodyear Tire & Rubber to post earnings of $0.25 per share for the quarter.
Goodyear Tire & Rubber (NASDAQ:GT – Get Free Report) last announced its quarterly earnings results on Wednesday, July 31st. The company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.10. Goodyear Tire & Rubber had a positive return on equity of 6.55% and a negative net margin of 1.82%. The company had revenue of $4.57 billion during the quarter, compared to analysts’ expectations of $4.78 billion. During the same period in the previous year, the business earned ($0.34) earnings per share. The firm’s quarterly revenue was down 6.1% compared to the same quarter last year. On average, analysts expect Goodyear Tire & Rubber to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Goodyear Tire & Rubber Price Performance
NASDAQ GT traded down $0.10 during trading hours on Tuesday, hitting $8.43. The company had a trading volume of 468,270 shares, compared to its average volume of 4,171,606. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.54 and a current ratio of 1.06. The firm has a market capitalization of $2.40 billion, a price-to-earnings ratio of -3.72 and a beta of 1.69. Goodyear Tire & Rubber has a 52 week low of $7.27 and a 52 week high of $15.24. The firm has a 50 day simple moving average of $8.36 and a 200 day simple moving average of $10.34.
Analysts Set New Price Targets
View Our Latest Research Report on Goodyear Tire & Rubber
Goodyear Tire & Rubber Company Profile
The Goodyear Tire & Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services worldwide. It offers various lines of rubber tires for automobiles, trucks, buses, aircraft, motorcycles, earthmoving and mining equipment, farm implements, industrial equipment, and other applications under the Goodyear, Cooper, Dunlop, Kelly, Mastercraft, Roadmaster, Debica, Sava, Fulda, Mickey Thompson, Avon, and Remington brands and various house brands, as well as under the private-label brands.
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