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FX.co ★ The Goodyear Tire & Rubber Q3 Earnings Summary

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typeContent_19130:::2024-11-04T21:53:00

The Goodyear Tire & Rubber Q3 Earnings Summary

Here are the earnings highlights for The Goodyear Tire & Rubber Company (GT):

- **Earnings:** The company recorded a loss of $34 million for the third quarter, an improvement from a loss of $89 million in the same period the previous year.

- **Earnings Per Share (EPS):** The EPS stood at a negative $0.12 in Q3, compared to a negative $0.31 during the same timeframe last year. Excluding specific items, Goodyear reported an adjusted net income of $105 million, translating to $0.37 per share for the quarter.

- **Analyst Expectations:** Analysts had anticipated earnings of $0.21 per share.

- **Revenue:** The company's revenue reached $4.824 billion in the third quarter, down from $5.142 billion in the same period the previous year.

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