Preview: Goodyear Tire & Rubber's Earnings
Portfolio Pulse from Benzinga Insights
Goodyear Tire & Rubber (NASDAQ:GT) is set to release its latest quarterly earnings report on November 6, 2023. Analysts estimate an earnings per share (EPS) of $0.18. The company's past performance shows a pattern of share price changes following earnings reports. Last quarter, the company missed EPS by $0.50, resulting in a 16.21% drop in share price. The company's shares are currently trading at $11.97, up 22.38% over the last 52-week period.
November 03, 2023 | 4:00 pm
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Goodyear's upcoming earnings report could impact its stock price, as seen in previous quarters. Last quarter's EPS miss led to a 16.21% drop in share price.
Goodyear's stock price has shown to be sensitive to its earnings reports. Last quarter, the company missed its EPS estimate, which led to a significant drop in its share price. The upcoming earnings report could similarly impact the stock price, depending on whether the company meets, exceeds, or falls short of analysts' expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100