Bridgestone (BRDCY) Expected to Announce Quarterly Earnings on Thursday

Key Points

• Bridgestone (OTCMKTS:BRDCY) is expected to report quarterly results on Thursday, May 14, with analysts projecting $0.1976 EPS and $6.8666 billion in revenue.
• Shares opened at $10.46 with a market capitalization of $27.91 billion, a P/E of 15.38 and a 52‑week range of $9.80–$12.55, while the 50‑day and 200‑day moving averages are $10.66 and $15.89 respectively.
• Analyst sentiment has cooled to a consensus "Hold" after recent downgrades (SMBC Nikko cut from strong‑buy to hold; Zacks cut from hold to strong sell), leaving one Strong Buy, one Hold and one Sell rating.

Bridgestone (OTCMKTS:BRDCY - Get Free Report) is expected to issue its resultson Thursday, May 14th. Analysts expect the company to announce earnings of $0.1976 per share and revenue of $6.8666 billion for the quarter.

Bridgestone Trading Up 2.1%

Shares of Bridgestone stock opened at $10.46 on Thursday. The firm has a market capitalization of $27.91 billion, a price-to-earnings ratio of 15.38, a PEG ratio of 0.99 and a beta of 0.55. Bridgestone has a fifty-two week low of $9.80 and a fifty-two week high of $12.55. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.76 and a current ratio of 2.55. The stock has a 50 day moving average of $10.66 and a 200 day moving average of $15.89.

Analyst Upgrades and Downgrades

BRDCY has been the subject of several research analyst reports. Smbc Nikko Sec. lowered Bridgestone from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 11th. Zacks Research lowered Bridgestone from a "hold" rating to a "strong sell" rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold".

Bridgestone Company Profile

Bridgestone Corporation is a Japanese multinational company principally engaged in the design, manufacture and sale of tires and rubber products. Founded in 1931 by Shojiro Ishibashi and headquartered in Tokyo, the company has grown into one of the world's largest tire manufacturers, offering products for a broad range of vehicles and applications.

The company's core offerings include tires for passenger cars, motorcycles, commercial trucks and buses, agricultural and off‑the‑road equipment, and aircraft.

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