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 of 7.2%, up ~70 bps YoYFourth consecutive quarter of SOI margin expansion; TTM up ~300 bps YoYAmericas segment operating income of $251 million, SOI margin of 8.8%Asia Pacific segment operating income of $72 million, SOI margin of 11.7%Goodyear Forward targets increased, portfolio optimization in progressAKRON, Ohio, Nov. 4, 2024 /P ...