Shares of Goodyear Tire (GT) have risen 4.3% since the company reported first-quarter 2024 results. It reported first-quarter 2024 adjusted earnings per share (EPS) of 10 cents, surpassing the Zacks Consensus Estimate of breakeven earnings. The company had incurred a loss of 29 cents in the year-ago quarter.The company generated net revenues of $4.53 billion, which declined 8.2% on a year-over-year basis and missed the Zacks Consensus Estimate of $4.78 billion due to lower replacement volume.In the reported ...

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 & 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 ...

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 ...

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 ...

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. ...

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, ...

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 ...

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 ...

Core Insights - Goodyear Tire & Rubber Company has launched the RL-5K Off-the-Road (OTR) tire, designed for large wheel loaders and wheel dozers, featuring a three-star load capacity that offers a 16% increase in load carrying capacity compared to its predecessor [1][2][4] Product Features - The RL-5K is constructed with a stronger radial carcass, larger bead section, and stronger ply wires to ensure uniform product performance [2][3] - It includes an extra-deep 250-level tread depth for enhanced cut resistance and traction in severe conditions [3] - The multi-directional tread pattern supports high torque applications, promoting long wear and a smooth ride [3] - Hi-Stability Technology in the radial sidewall and casing construction enhances stability, reducing bucket sway and increasing machine stability during loading operations [3] Market Positioning - The RL-5K design addresses the growing customer demand for larger wheel loaders that meet the specifications of newer vehicles in the market [3] - Goodyear aims to improve product performance continuously to meet evolving market and vehicle requirements [3][4] Company Overview - Goodyear is one of the largest tire companies globally, employing approximately 71,000 people and operating 55 facilities across 22 countries [5] - The company has two Innovation Centers located in Akron, Ohio, and Colmar-Berg, Luxembourg, focusing on developing advanced products and services [5]