GT's transformation efforts show promise, but inflation and fierce competition pose significant challenges.
GT's fourth-quarter 2024 results reflect mixed performance, with revenues beating estimates but declining on a year-over-year basis.
Explore Goodyear's (GT) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.
The Goodyear Tire & Rubber Company (NASDAQ:GT ) Q4 2024 Results Conference Call February 14, 2025 9:00 AM ET Company Participants Greg Shank - Senior Director, IR Mark Stewart - CEO and President Christina Zamarro - EVP and CFO Conference Call Participants James Picariello - BNP Paribas Emmanuel Rosner - Wolfe Research Doug Karson - Bank of America Edison Yu - Deutsche Bank Operator Good morning. My name is Margo, and I'll be your conference operator today.
Although the revenue and EPS for Goodyear (GT) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Goodyear (GT) came out with quarterly earnings of $0.39 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.47 per share a year ago.
Goodyear (GT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Goodyear's long-term trend line suggests the stock is at the bottom of a 20-year trend, indicating potential for upward movement. The company has beaten earnings expectations for four consecutive quarters and is making progress in its Goodyear Forward plan. Significant asset sales and debt reduction efforts are expected to be fully appreciated by the market once deals close.
GT is set to gain from the acquisition of Cooper Tire, Goodyear Forward transformation plan electrification strides amid declining sales volume and rising capex.
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Goodyear (GT) reported earnings 30 days ago. What's next for the stock?
GT reports mixed third-quarter results and expects full-year 2024 capital expenditures to be $1.20 billion, down from the previous estimate of $1.25 billion.