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 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 ...

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 ...

文章核心观点 - 高德雅轮胎公司(Goodyear)股价大幅下跌,主要受到商用卡车业务疲弱、高债务水平和大量投资支出的影响 [1][3][7][11] - 公司股价已跌破50日均线,表明股价可能处于下行趋势或弱势 [4][5] - 公司面临诸多挑战,投资者最好避开该股票 [13] 公司概况 - 高德雅轮胎是全球最大的轮胎制造商之一 [1] - 与竞争对手百bridgestone和米其林相比,高德雅轮胎股价年初至今下跌38.8%,而竞争对手分别下跌5.1%和上涨10.2% [1] 业务表现 - 商用卡车业务疲弱,影响公司业绩 [11] - 2024年上半年销售额为91.1亿美元,同比下降7.1% [11] 财务状况 - 公司长期债务和融资租赁总额为68.32亿美元,长期债务资本比率为0.58,高于汽车行业0.34的水平 [7] - 2024年资本支出预计为12.5亿美元,较2023年的10.5亿美元有所增加,将限制现金流 [8][9] 成本压力 - 通胀压力持续,第三季度非原材料成本同比增加约6000万美元 [10] 未来展望 - 分析师预测2024年每股收益同比下降3.83% [12] - 公司面临诸多挑战,投资者最好避开该股票 [13]

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, ...

Tire manufacturer Good Year Tire & Rubber Co. NASDAQ: GT has not had a very good year. Shares recently hit 52-week lows at $7.63, trading down 40.2% year-to-date (YTD). Despite being the largest tire manufacturer in the United States, the company continues to suffer from sales declines. Shares toppled nearly 40% following the earnings report, posting weaker-than-expected revenues for the second quarter of 2024.Get Goodyear Tire & Rubber alerts:Macroeconomic and Industry Pressures Weigh on Goodyear's Prospec ...

Shares of Goodyear Tire (GT) plunged 33.5% since the company reported second-quarter 2024 results. It reported second-quarter 2024 adjusted earnings per share (EPS) of 19 cents, surpassing the Zacks Consensus Estimate of 9 cents. The company had incurred a loss of 34 cents in the year-ago quarter.The company generated net revenues of $4.57 billion, which declined 6.1% on a year-over-year basis and missed the Zacks Consensus Estimate of $4.79 billion due to lower replacement volume.In the reported quarter, t ...

JHVEPhoto The Goodyear Tire & Rubber Company (NASDAQ:GT), sadly, did not start off the month of August on a good note. Shares of the business plummeted 15.1% on August 1st. This came after management reported financial results covering the second quarter of the company's 2024 fiscal year. Revenue fell as anticipated. However, the decline in sales was much greater than analysts thought it would be. This negative more than offset some very real positives like earnings and adjusted earnings per share coming in ...

文章核心观点 - 固特异轮胎公司正处于转型期,近期业绩表现不佳,股价下跌约20%,但公司正在采取一系列措施来推动业务转型和盈利能力提升[2] - 公司2024年第二季度业绩表现疲弱,收入同比下降6.1%,但每股收益超预期[3] - 公司在美洲和欧洲地区销售均有下滑,仅亚太地区销售有所增长,但占比较小[3][4] - 公司正在实施"固特异前进"计划,取得了一定进展,但短期内仍面临行业需求疲软和原材料价格上涨等压力[4][5] - 公司出售了离路轮胎业务,获得9.05亿美元现金,有助于降低债务[5] - 公司目前债务水平较高,利息成本占EBITDA比重较大,存在一定财务风险[5][14] 根据目录分别总结 公司业绩 - 2024年第二季度收入同比下降6.1%,但每股收益超预期[3] - 美洲和欧洲地区销售下滑,亚太地区销售增长但占比较小[3][4] - 公司正在实施"固特异前进"计划,取得了一定进展,但短期内仍面临行业需求疲软和原材料价格上涨等压力[4][5] 公司战略 - 公司出售了离路轮胎业务,获得9.05亿美元现金,有助于降低债务[5] - 公司正在采取一系列措施来推动业务转型和盈利能力提升,包括资产出售、成本控制等[2][5] 公司财务 - 公司目前债务水平较高,利息成本占EBITDA比重较大,存在一定财务风险[5][14] - 公司之前的净负债率目标已被放弃,未来能否有效降低债务水平仍存在不确定性[5]

Tire sales are down despite an improving auto market.Shares of Goodyear Tire & Rubber (GT -15.90%) plunged as much as 16.7% in trading on Thursday after reporting second-quarter 2024 financial results. The stock closed down 15.9% on the day.Weak sales hit Goodyear stockRevenue for the quarter was $4.57 billion, down from $4.87 billion a year ago. But the company swung from a loss of $208 million to a profit of $85 million, or $0.30 per share.Earnings on an adjusted basis of $0.19 per share topped analysts' ...