Financial Performance - Goodyear reported a full-year net income of $70 million (24 cents per share) for 2024, a significant improvement from a net loss of $689 million ($2.42 per share) in 2023 [7][8] - The fourth quarter net income was $76 million (26 cents per share), compared to a net loss of $291 million ($1.02 per share) in the same quarter of the previous year [3][4] - Adjusted net income for the full year was $302 million ($1.05 per share), up from $61 million ($0.21 per share) in 2023 [8][7] Sales and Operating Income - Fourth quarter sales reached $4.9 billion, with tire unit volumes totaling 43.6 million [3] - Full-year sales for 2024 were $18.9 billion, with tire unit volumes totaling 166.6 million [7] - Segment operating income for the fourth quarter was $385 million, reflecting a $2 million increase from the previous year [5] Goodyear Forward Transformation Plan - The Goodyear Forward plan is expected to deliver $1.5 billion in annual run-rate benefits by the end of 2025, with a target segment operating margin of 10% [19] - The plan has already contributed $480 million in benefits to segment operating income for 2024 [9][20] - The company has reaffirmed its commitment to the Goodyear Forward targets, including further margin expansion and meaningful debt reduction [2] Business Segment Results - In the Americas, fourth quarter sales were $2.9 billion, down 5.8% year-over-year, with a segment operating income of $262 million [12][13] - EMEA segment sales increased by 3.7% to $1.5 billion, with a segment operating income of $41 million, up from $6 million in the prior year [14][16] - Asia Pacific segment sales decreased by 6.8% to $606 million, but segment operating income rose to $82 million from $68 million [17][18] Cash Flow and Financial Health - Cash flows from operating activities for the full year were $698 million, down from $1,032 million in 2023 [10] - The company expects significant deleveraging in 2025 as part of its financial strategy [1]

Exhibit 99.1 FOR IMMEDIATE RELEASE AKRON, Ohio, February 13, 2025 – The Goodyear Tire & Rubber Company reported fourth quarter 2024 results today and the company will host an investor call tomorrow morning at 9:00 a.m. eastern time led by Mark Stewart, Goodyear's chief executive officer and president, and Christina Zamarro, the company's executive vice president and chief financial officer. The management team will share insights on fourth quarter performance and progress on the Goodyear Forward transformat ...

AKRON, Ohio, Feb. 12, 2025 /PRNewswire/ -- In celebration of the Goodyear Blimp's 100th anniversary, The Goodyear Tire & Rubber Company (NASDAQ: GT) today unveiled a commemorative, blimp-themed sidewall design that will outfit all NASCAR stock cars for NASCAR's Official Throwback Weekend at Darlington Raceway, including both the Goodyear 400 and the Xfinity series races. Today, The Goodyear Tire & Rubber Company unveiled a commemorative, blimp-themed sidewall design for NASCAR’s Official Throwback Weeke ...

Core Insights - Goodyear Tire & Rubber Company has appointed David Anckaert as Chief of Product Strategy and Planning, effective immediately [1][2] - Anckaert's role will focus on leading the development of Goodyear's global product, services, and solutions portfolio to enhance customer value [2][3] Company Overview - Goodyear is one of the largest tire companies globally, employing approximately 68,000 people and operating 53 manufacturing facilities across 20 countries [4] - The company has two Innovation Centers located in Akron, Ohio, and Colmar-Berg, Luxembourg, dedicated to developing advanced products and services [4]

AKRON, Ohio, Feb. 7, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company will report fourth quarter and full-year 2024 financial results after market close on Thursday, February 13, followed by an investor conference call at 9:00 a.m. ET on Friday, February 14.The Company will publish its results on February 13, 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.T ...

AKRON, Ohio, Feb. 3, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) ("Goodyear" or the "Company") has completed the previously announced divestiture of its off-the-road (OTR) tire business to The Yokohama Rubber Company, Limited, effective February 3, 2025, in an all-cash transaction valued at approximately $905 million."The sale of the OTR business is a significant milestone in Goodyear's transformation," said Goodyear Chief Executive Officer and President Mark Stewart. "Our portfolio ...

Core Viewpoint - Wall Street anticipates a year-over-year decline in Goodyear's earnings and revenues for the quarter ended December 2024, with actual results being crucial for stock price movement [1][3]. Earnings Expectations - Goodyear is expected to report quarterly earnings of $0.40 per share, reflecting a year-over-year decrease of 14.9% [3]. - Revenues are projected to be $4.92 billion, down 3.8% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 43.93% over the last 30 days, indicating a bearish sentiment among analysts [4]. - The Most Accurate Estimate for Goodyear is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -20.02% [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likelihood of actual earnings deviating from consensus estimates, with positive readings being more predictive of earnings beats [7][8]. - Goodyear's current Zacks Rank is 4, which complicates the prediction of an earnings beat [11]. Historical Performance - In the last reported quarter, Goodyear exceeded expectations by delivering earnings of $0.37 per share against an expected $0.25, resulting in a surprise of +48% [12]. - Over the past four quarters, Goodyear has beaten consensus EPS estimates three times [13]. Conclusion - Goodyear does not appear to be a strong candidate for an earnings beat based on current estimates and rankings, but other factors may influence stock performance [16].

Core Insights - Goodyear's Fleet HQ program has successfully assisted 5 million vehicles in North America to enhance uptime [1] Group 1: Fleet HQ Program Overview - Fleet HQ is a comprehensive service management program designed to support large fleets in the U.S. and Canada, managing all aspects of fleet service needs, including maintenance and emergency responses [3] - The program features real-time, interactive dashboard reporting, providing fleets with a centralized view of service events [3] Group 2: Industry Impact and Innovation - Fleet HQ has evolved from a roadside tire breakdown service to a full-service platform, incorporating mechanical services, automated service coordination, and Conversational AI [4] - The program aims to meet the growing demands of the commercial industry, uncovering opportunities to reduce costs and downtime [5] Group 3: Service Efficiency - Goodyear's extensive service network, comprising over 2,300 service providers, enables the company to service most customers within approximately two hours [5] - Fleet HQ's streamlined processes enhance efficiency, allowing fleet operators to focus on critical business areas [4] Group 4: Company Background - Goodyear is one of the largest tire companies globally, employing around 71,000 people and operating 54 manufacturing facilities in 21 countries [7]

GT Resources Samples 8.2% Copper and Identifies BHEM Conductors at the North Rock Copper-Nickel-PGE Project, Ontario, CanadaJanuary 27, 2025 6:45 AM EST | Source: GT Resources Inc.Toronto, Ontario--(Newsfile Corp. - January 27, 2025) - GT Resources Inc. (TSXV: GT) (OTCQB: CGTRF) (FSE: 7N1) (the "Company" or "GT Resources") is pleased to announce that several Bore Hole ElectroMagnetic ("BHEM") conductors have been identified on the North Rock copper - nickel - platinum group element project loc ...

For long-term investors in Goodyear Tire & Rubber (NASDAQ: GT ), they've seen better days. But today I'm writing to provide a few signs (road signs?) on why I believe Goodyear is about to make another detour andHello! I'm a former Investment Representative with a large private securities firm, once holding active Series 7 and 63 licenses. I have a BBA degree in Marketing. I have been investing in stocks for over 35 years. I consider myself a value and special situations investor, not a day trader. I force n ...