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Investing in Goodyear (GT)? Don't Miss Assessing Its International Revenue Trends
Zacks Investment Research· 2024-05-09 16:45
Have you looked into how Goodyear (GT) performed internationally during the quarter ending March 2024? Considering the widespread global presence of this tire maker, examining the trends in international revenues is essential for assessing its financial resilience and prospects for growth.In the modern, closely-knit global economic landscape, the capacity of a business to access foreign markets is often a key determinant of its financial well-being and growth path. Investors now place great importance on gr ...
The Goodyear Tire(GT) - 2024 Q1 - Earnings Call Transcript
2024-05-07 14:44
The Goodyear Tire & Rubber Company (NASDAQ:GT) Q1 2024 Earnings Conference Call May 7, 2024 8:00 AM ET Company Participants Greg Shank - Senior Director, Investor Relations Mark Stewart - Chief Executive Officer Christina Zamarro - Chief Financial Officer Conference Call Participants John Healy - Northcoast Research Emmanuel Rosner - Deutsche Bank Ryan Brinkman - JP Morgan Itay Michaeli - Citi Operator Good morning. My name is Nikki, and I will be your conference operator today. At this time, I would like t ...
The Goodyear Tire(GT) - 2024 Q1 - Quarterly Report
2024-05-07 14:11
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 Commission File Number: 1-1927 THE GOODYEAR TIRE & RUBBER COMPANY (Exact Name of Registrant as Specified in Its Charter) Ohio 34-0253240 (State or Other Jurisdiction of (I.R.S. Employer Incorporation or Organization) Identification No.) 200 Innovation Way, Akron, Ohio 44316-000 ...
The Goodyear Tire(GT) - 2024 Q1 - Earnings Call Presentation
2024-05-07 11:37
GOODYEAR EARNINGSRELEASE 012024 MAY7,2024 GOODFYEAR FORWARD O12024HIGHLIGHTS SEGMENTOPERATINGINCOME upalmostdoublevsprioryear UPs100MILLIoNinAmericas segmentoperatingincome DOUBLEDIGITsegmentoperating margininAsiaPacific GOODYEARFORWARDaheadinO outlookrevisedupward NOSIGNIFICANTCHANGEtootherfull yearsegmentoperatingincomedrivers QuarterHighlights FinancialResults >> COOO/YTAR cubix SightLine ZE yoopno mportantDisclosures Appendix 012024-2 012024KEYMETRICS 40.4 V-3.3%YoY Financial Results Quarter Highlights ...
Compared to Estimates, Goodyear (GT) Q1 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-05-06 23:31
For the quarter ended March 2024, Goodyear (GT) reported revenue of $4.54 billion, down 8.2% over the same period last year. EPS came in at $0.10, compared to -$0.29 in the year-ago quarter. ...
The Goodyear Tire(GT) - 2024 Q1 - Quarterly Results
2024-05-06 20:26
Exhibit 99.1 NEWS RELEASE First quarter Goodyear net loss of $57 million (20 cents per share); adjusted net income of $29 million (10 cents per share) Segment operating income of $247 million, up $122 million compared to the first quarter of 2023 Americas segment operating income of $179 million, more than double prior year of $79 million; segment operating margin of ~7.0% FOR IMMEDIATE RELEASE Segment operating margin in Asia Pacific of 10.0%, up 350 basis points • GLOBAL HEADQUARTERS: 200 INNOVATION WAY, ...
GOODYEAR TO ANNOUNCE FIRST QUARTER 2024 FINANCIAL RESULTS
Prnewswire· 2024-04-26 21:00
AKRON, Ohio, April 26, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) will report first quarter 2024 financial results after market close on Monday, May 6, followed by an investor conference call at 8:00 a.m. EDT on Tuesday, May 7.The Company will publish its results on May 6, in the form of an Earnings Release and an additional presentation on its investor relations website: http://investor.goodyear.com. The following morning, the Company will host an investor call.The investor call c ...
GOODYEAR TAKES INNOVATION TO NEW HEIGHTS WITH SKYGRIP™ TIRES FOR BLIMPS
Prnewswire· 2024-04-01 12:11
AKRON, Ohio, April 1, 2024 /PRNewswire/ -- In a bold move that redefines the boundaries of aerial transportation, The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced the launch of an exclusive line of tires designed specifically and only for blimps – the Goodyear SkyGrip™. This revolutionary line of tires includes all-season, winter, all-terrain and high-performance tires, ensuring that every blimp can experience unparalleled performance in the skies. Goodyear is taking innovation to new heights ...
GOODYEAR INTRODUCES THE RL-5K OFF-THE-ROAD TIRE WITH THREE STAR LOAD CAPACITY RATING FOR HEAVY DUTY LOADERS
Prnewswire· 2024-03-20 13:11
The RL-5K with three-star designation offers larger wheel loaders, more load carrying capacity and a deep tread for cut resistance and tractionAKRON, Ohio, March 20, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) recently launched the new three-star RL-5K Off-the-Road (OTR) tire for large wheel loaders and wheel dozers. The RL-5K is Goodyear's newest radial OTR tire in the 45/65R45 tire size and is constructed to withstand the air pressure necessary to deliver an increased three-star l ...
Goodyear Tire & Rubber: Why I See At Least 50% Upside For The Stock
Seeking Alpha· 2024-03-18 21:21
JHVEPhoto Introduction The Goodyear Tire & Rubber Company (NASDAQ:GT) is a tire manufacturer in the United States. Over the years, the company has undergone a tumultuous period but I believe there seems to be signs of a turnaround. While shares have underperformed the market by a wide margin, the company has been undergoing a restructuring and has been making significant investments that should position it to be a market leader in the future. With higher revenue growth and margin expansion ahead, I believe ...