Goodyear Tire & Rubber Q2 EPS $(0.34) Which May Not Compare To $0.16 Estimate, Sales $4.87B Miss $5.18B Estimate
Portfolio Pulse from Happy Mohamed
Goodyear Tire & Rubber (NASDAQ:GT) reported Q2 losses of $(0.34) per share, missing the analyst consensus estimate of $0.16 by 312.5%. This is a 173.91% decrease over earnings of $0.46 per share from the same period last year. The company also reported quarterly sales of $4.87 billion, missing the analyst consensus estimate of $5.18 billion by 6.04%. This is a 6.62% decrease over sales of $5.21 billion the same period last year.

August 04, 2023 | 12:14 pm
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Goodyear's Q2 earnings and sales missed analyst estimates, indicating a potential negative impact on the company's stock.
Goodyear's Q2 earnings and sales fell short of analyst estimates, which could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100