Goodyear Tire & Rubber: Q2 Earnings Insights

 

Goodyear Tire & Rubber GT reported its Q2 earnings results on Friday, August 5, 2022 at 07:45 AM.

Here’s what investors need to know about the announcement.

Earnings

Goodyear Tire & Rubber beat estimated earnings by 35.29%, reporting an EPS of $0.46 versus an estimate of $0.34.

Revenue was up $1.23 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.16 which was followed by a 9.49% drop in the share price the next day.

Here’s a look at Goodyear Tire & Rubber’s past performance:

 








Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.21 0.32 0.29 0.14
EPS Actual 0.37 0.57 0.72 0.32
Revenue Estimate 4.65B 4.96B 4.75B 3.81B
Revenue Actual 4.91B 5.05B 4.93B 3.98B

To track all earnings releases for Goodyear Tire & Rubber visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.



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