The Goodyear Tire(GT)
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The Goodyear Tire(GT) - 2024 Q3 - Earnings Call Presentation
2024-11-05 15:26
EARNINGS RELEASE Q3 2024 - 1 Q3 2024 | NOVEMBER 5, 2024 REAFFIRMING COMMITMENT TO GOODYEAR FORWARD; INCREASING TARGETS | --- | --- | --- | |-----------------------------------------------------------------------------------------|-------|-------| | | | | | | | | | $1.5 BILLION OF GROSS ANNUAL RUN RATE BENEFITS; up $200 million versus initial target | | | | $450 million year-over-year SOI benefit in 2024; up $25 million versus prior estimate | | | | $750 million year-over-year SOI benefit in 2025 | | | | 10% ...
Compared to Estimates, Goodyear (GT) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-11-05 01:31
For the quarter ended September 2024, Goodyear (GT) reported revenue of $4.82 billion, down 6.2% over the same period last year. EPS came in at $0.37, compared to $0.36 in the year-ago quarter.The reported revenue represents a surprise of -3.18% over the Zacks Consensus Estimate of $4.98 billion. With the consensus EPS estimate being $0.25, the EPS surprise was +48.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...
Goodyear (GT) Beats Q3 Earnings Estimates
ZACKS· 2024-11-05 00:10
Goodyear (GT) came out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 48%. A quarter ago, it was expected that this tire maker would post earnings of $0.09 per share when it actually produced earnings of $0.19, delivering a surprise of 111.11%.Over the last four quarters, the company has surp ...
The Goodyear Tire(GT) - 2024 Q3 - Quarterly Results
2024-11-04 21:30
Exhibit 99.1 1 > GLOBAL HEADQUARTERS: 200 INNOVATION WAY, AKRON, OHIO 44316-0001 > MEDIA WEBSITE: WWW.GOODYEARNEWSROOM.COM > MEDIA CONTACT: DOUG GRASSIAN 330.796.3855 DOUG_GRASSIAN@GOODYEAR.COM > ANALYST CONTACT: GREG SHANK 330.796.5008 GREG_SHANK@GOODYEAR.COM Goodyear announces Q3 2024 results, increases Goodyear Forward targets Third quarter Goodyear net loss of $34 million (12 cents per share); adjusted net income of $105 million (37 cents per share) Segment operating income of $347 million; SOI margin o ...
GT Resources Intersects 2.0% Nickel over 33.5 meters at the Canalask Nickel-Copper Project
Newsfile· 2024-11-04 11:30
GT Resources Intersects 2.0% Nickel over 33.5 meters at the Canalask Nickel-Copper ProjectNovember 04, 2024 6:30 AM EST | Source: GT Resources Inc.Toronto, Ontario--(Newsfile Corp. - November 4, 2024) - GT Resources Inc. (TSXV: GT) (OTCQB: CGTRF) (FSE: 7N1) (the "Company" or "GT Resources") is pleased to announce additional diamond drill assay results from the 2024 exploration campaign at the Canalask Nickel-Copper Project, Yukon, Canada. 1.95% nickel, 0.05% copper, 0.03% cobalt 0.19 g/t gold, ...
Goodyear to Announce Third Quarter 2024 Financial Results
Prnewswire· 2024-10-28 22:27
AKRON, Ohio, Oct. 28, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) will report third quarter 2024 financial results after market close on Monday, November 4, followed by an investor conference call at 8:30 a.m. ET on Tuesday, November 5.The Company will publish its results on November 4, 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 in ...
GT Resources Intersects 2.12% Nickel Over 20 meters at the Canalask Nickel-Copper Project
Newsfile· 2024-09-24 13:29
GT Resources Intersects 2.12% Nickel Over 20 meters at the Canalask Nickel-Copper ProjectSeptember 24, 2024 9:29 AM EDT | Source: GT Resources Inc.Toronto, Ontario--(Newsfile Corp. - September 24, 2024) - GT Resources Inc. (TSXV: GT) (OTCQB: CGTRF) (FSE: 7N1) (the "Company" or "GT Resources") is pleased to announce initial diamond drill assay results from the 2024 exploration campaign at the Canalask Nickel-Copper Project, Yukon, Canada.A total of five holes were drilled, totalling 1,010 meter ...
Why Is Goodyear (GT) Down 11.8% Since Last Earnings Report?
ZACKS· 2024-08-30 16:37
A month has gone by since the last earnings report for Goodyear (GT) . Shares have lost about 11.8% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Goodyear due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Goodyear Q2 Earnings Beat EstimatesGoodyear reported second ...
Goodyear Stock Falls 38.8% YTD: Buy the Dip or Time to Sell?
ZACKS· 2024-08-27 16:41
Shares of The Goodyear Tire & Rubber Company (GT) , one of the largest tire manufacturing companies in the world, have plunged 38.8% year to date to close at $8.76 on Monday. Shares of GT’s competitors Bridgestone Corp (BRDCY) and Michelin (MGDDY) are down 5.1% and up 10.2%, respectively.Goodyear YTD Price Comparison with CompetitorsImage Source: Zacks Investment ResearchWeaker commercial truck business, high debt level and substantial amounts of investment and capital spending are believed to be the primar ...
Goodyear's Assurance WeatherReady® 2 Sets New Standard for All-season Tires with Industry-leading Test Results
Prnewswire· 2024-08-20 12:58
Goodyear tested the new Assurance WeatherReady® 2 against similar competitor products, including the Michelin CrossClimate2, Bridgestone WeatherPeak, and Pirelli Scorpion WeatherActive. In head-to-head comparisons1, the Assurance WeatherReady® 2's premium performance came in first when testing for wet handling, wet braking and dry handling - establishing it as the ideal choice for an all-weather solution and setting a new standard for all-season tires.Featuring Goodyear's innovative All-Weather Technology, ...