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Goodyear's Shares Barely Move Following Q1 Earnings Beat
ZACKS· 2025-05-13 13:06
Goodyear Tire (GT) shares have hardly moved since the company reported first-quarter 2025 results on May 7. It incurred adjusted loss per share of 4 cents in the quarter, narrower than the Zacks Consensus Estimate of a loss of 6 cents. The company reported earnings of 10 cents per share in the year-ago quarter.The company generated net revenues of $4.25 billion, which declined 6.3% on a year-over-year basis due to lower volume and lagged the Zacks Consensus Estimate of $4.36 billion.In the reported quarter, ...
The Goodyear Tire(GT) - 2025 Q1 - Quarterly Report
2025-05-08 15:56
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, 2025 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 Incorporation or Organization) 200 Innovation Way, Akron, Ohio 44316-0001 (Address of Principal Executive Off ...
The Goodyear Tire(GT) - 2025 Q1 - Earnings Call Transcript
2025-05-08 13:32
The Goodyear Tire & Rubber Company (GT) Q1 2025 Earnings Call May 08, 2025 08:30 AM ET Company Participants Greg Shank - Senior Director of Investor RelationsMark Stewart - President & CEOChristina Zamarro - Executive VP & CFOJames Mulholland - VP - Equity Research Conference Call Participants James Picariello - Director & Sr. Automotive AnalystItay Michaeli - Equity AnalystRyan Brinkman - Equity Research AnalystEmmanuel Rosner - Managing Director - Senior Autos & Auto Technology AnalystWesley Brooks - Anal ...
The Goodyear Tire(GT) - 2025 Q1 - Earnings Call Transcript
2025-05-08 13:30
The Goodyear Tire & Rubber Company (GT) Q1 2025 Earnings Call May 08, 2025 08:30 AM ET Speaker0 Please stand by. Your program is about to begin. Good morning. My name is Stephanie, and I'll be your conference operator today. At this time, I'd like to welcome everyone to Goodyear's First Quarter twenty twenty five Earnings Call. All lines have been placed on mute to prevent any background noise. After some opening remarks, there will be a question and answer session. Please note this call may be recorded. It ...
The Goodyear Tire(GT) - 2025 Q1 - Earnings Call Presentation
2025-05-08 11:38
DUNLOP BRAND SALE COMPLETED, $735 million of gross proceeds GOODYEAR FORWARD TARGETS REAFFIRMED EARNINGS RELEASE Q1 2025 | MAY 8, 2025 Q1 2025 - 1 Q1 2025 HIGHLIGHTS SEGMENT OPERATING INCOME of $195 million GOODYEAR FORWARD drives benefits of $200 million NEW BRAND CAMPAIGN Highlights Financial Results SBU Results Outlook Important Disclosures Appendix Q1 2025 - 2 Q1 2025 - 3 Highlights Financial Results SBU Results Outlook Important Disclosures Appendix Q1 2025 KEY METRICS | Tire Units | Net Sales | Segmen ...
Goodyear (GT) Reports Q1 Loss, Lags Revenue Estimates
ZACKS· 2025-05-07 23:45
Goodyear (GT) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to earnings of $0.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this tire maker would post earnings of $0.39 per share when it actually produced earnings of $0.39, delivering no surprise.Over the last four quarters, the company has surpassed conse ...
The Goodyear Tire(GT) - 2025 Q1 - Quarterly Results
2025-05-07 20:46
FOR IMMEDIATE RELEASE Exhibit 99.1 Goodyear Announces Q1 2025 Results; Completes Sale of Dunlop Brand Goodyear Forward drives benefits of $200 million; targets reaffirmed > 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 Reconciliation of Non-GAAP Financial Measures AKRON, Ohio, May 7, 2025 – The Goodyear Tire & Ru ...
Goodyear Announces Q1 2025 Results; Completes Sale of Dunlop Brand
Prnewswire· 2025-05-07 20:39
Goodyear Forward drives benefits of $200 million; targets reaffirmedAKRON, Ohio, May 7, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) reported first quarter 2025 results today and the company will host an investor call tomorrow morning at 8:30 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 first quarter performa ...
Goodyear Completes Sale of Dunlop Brand
Prnewswire· 2025-05-07 20:30
AKRON, Ohio, May 7, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) ("Goodyear" or the "Company") has completed the previously announced sale of the Company's rights to the Dunlop brand in Europe, North America and Oceania for consumer, commercial and other specialty tires, together with certain associated intellectual property and inventory, to Sumitomo Rubber Industries, Ltd (TYO: 5110) ("SRI"), effective May 7, 2025."The sale of the Dunlop brand is another action that advances Goodye ...
Goodyear to Announce First Quarter 2025 Financial Results
Prnewswire· 2025-05-01 21:01
Company Overview - Goodyear Tire & Rubber Company is one of the world's largest tire manufacturers, employing approximately 68,000 people and operating 53 facilities across 20 countries [3] - The company has two Innovation Centers located in Akron, Ohio, and Colmar-Berg, Luxembourg, focusing on developing advanced products and services that set industry standards for technology and performance [3] Upcoming Financial Results - Goodyear will report its first quarter 2025 financial results after market close on May 7, 2025 [1] - An investor conference call is scheduled for May 8, 2025, at 8:30 a.m. ET, where the company will discuss its financial performance [1] Investor Call Access - The investor call can be accessed via the company's website or by telephone, with specific numbers provided for participants [2] - A replay of the call will be available through designated phone numbers and on the company's website [2]