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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 - 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 ...
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]
Titan International(TWI) - 2025 Q1 - Earnings Call Transcript
2025-05-01 14:02
Titan International (TWI) Q1 2025 Earnings Call May 01, 2025 09:00 AM ET Company Participants Alan Snyder - VP of Financial Planning & Investor RelationsPaul Reitz - CEO & PresidentDavid Martin - Senior VP & CFO Conference Call Participants Michael Shlisky - Managing Director & Senior Equity Research AnalystSteve Ferazani - Senior Equity Analyst - Diversified Industrials & EnergyDerek Soderberg - Director, Senior Equity Research AnalystThomas Kerr - Senior Analyst Operator Good morning all and thank you for ...
Titan International(TWI) - 2025 Q1 - Earnings Call Transcript
2025-05-01 13:00
Financial Data and Key Metrics Changes - Revenues for Q1 were reported at $491 million, with adjusted EBITDA of $31 million, marking a sequential improvement from the previous quarter [22] - Gross margin increased to 14% in Q1 from 10.7% in Q4, indicating positive leverage from increased sales [22] - SG&A expenses for Q1 were $49.9 million, representing 10% of sales, compared to $39 million or 8% of sales in the prior year [23] Business Line Data and Key Metrics Changes - Agricultural segment gross margins were 12.4%, EMC at 10.4%, and consumer segment at 19.6%, with the consumer segment continuing to be the most profitable due to a higher proportion of aftermarket sales [22][23] - Overall agriculture orders remained muted, but there was positive OEM activity in the U.S. despite a key customer experiencing a drop in orders [10][11] Market Data and Key Metrics Changes - In Brazil, business has strengthened since Q4, with farmers benefiting from the U.S. trade standoff by increasing exports to China [12] - European operations are currently impacted by the situation in Ukraine, but investments in Turkey are expected to improve capacity and lower costs [13] Company Strategy and Development Direction - The company is focusing on internal growth initiatives, including new product development and revenue synergies across segments [17] - Expansion of Goodyear licensing rights into new product segments is expected to enhance market presence and sales [20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating current market volatility and emphasized the importance of a diversified global business model [5][6] - The company anticipates that the tariffs will ultimately benefit them in the long term, despite short-term uncertainties [6][21] Other Important Information - The company plans to curtail capital investments in 2025 while focusing on key investments that drive growth [25] - Net debt at the end of the quarter was $411 million, representing 3.8 times trailing twelve-month adjusted EBITDA [25] Q&A Session Summary Question: How does Titan source rubber and manage costs? - Titan sources rubber primarily from West Africa and has solid contracts in place, minimizing the impact of tariffs [30][31] Question: What is the outlook for the global agricultural market? - Titan is seeing strength in Brazil, with increased demand for grains, while the U.S. market is currently facing challenges [34][36] Question: How does Titan plan to handle visibility and demand fluctuations? - Management noted that visibility is improving but is not yet at pre-2024 levels, and they are prepared to adapt to market conditions [48][50] Question: What is the sentiment among farmers regarding the current market? - Farmer sentiment is cautious but not in crisis, with expectations of government support for income stability [82][84] Question: What are Titan's future verticals or industries to explore? - The company is exploring military options and focusing on high-complexity, non-regulated markets, while continuing product development in existing verticals [88][90]