The Goodyear Tire(GT)
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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
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]
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 ...
Goodyear (GT) Up 9.2% Since Last Earnings Report: Can It Continue?
Zacks Investment Research· 2024-03-13 16:36
It has been about a month since the last earnings report for Goodyear (GT) . Shares have added about 9.2% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Goodyear due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Goodyear Q4 Earnings Beat EstimatesGoodyear delivered ...
TWO GOODYEAR ASSOCIATES RECOGNIZED AS EXCEPTIONAL WOMEN IN MANUFACTURING
Prnewswire· 2024-03-08 14:30
The Women MAKE Awards recognize outstanding women in manufacturing and encourage them to mentor the next generation through an annual awards gala and leadership training program. The awards are part of MI's Women MAKE initiative, which aims to empower and inspire women in the industry and close the gender gap in manufacturing. As Director of Government Compliance and Product Performance, Brandy Moorhead leads the effort in monitoring field performance and continuous improvement of product performance while ...
GOODYEAR ANNOUNCES WINNERS IN 40TH ANNIVERSARY HIGHWAY HERO PROGRAM
Prnewswire· 2024-03-04 14:13
Winners highlight the important role truckers play in keeping our highways safe by going above and beyond to help those in needAKRON, Ohio, March 4, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced two winners in the 40th anniversary Goodyear Highway Hero program. Since 1983, Goodyear has recognized commercial drivers who go above and beyond their regular duties to keep our highways safe by acting courageously for the good of others on roadways across the U.S. and Canada. ...