Goodyear Shares Rise 23% Since Q3 Earnings Beat Expectations
The Goodyear Tire(GT) ZACKS·2024-11-12 01:01
Shares of Goodyear Tire (GT) gained 23% since the company reported third-quarter 2024 results. It reported third-quarter 2024 adjusted earnings per share (EPS) of 37 cents, surpassing the Zacks Consensus Estimate of 25 cents. The company reported EPS of 36 cents in the year-ago quarter.The company generated net revenues of $4.82 billion, which declined 6.2% on a year-over-year basis and missed the Zacks Consensus Estimate of $4.98 billion due to lower replacement volume.Stay up-to-date with the quarterly re ...