Goodyear Tire & Rubber (GT) Expected to Announce Quarterly Earnings on Monday

Goodyear Tire & Rubber (NASDAQ:GT - Get Free Report) is anticipated to issue its Q1 2025 quarterly earnings data before the market opens on Monday, May 5th. Analysts expect the company to announce earnings of $0.29 per share and revenue of $4.41 billion for the quarter.

Goodyear Tire & Rubber (NASDAQ:GT - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.29 by $0.10. Goodyear Tire & Rubber had a net margin of 0.37% and a return on equity of 6.21%. The business had revenue of $4.95 billion for the quarter, compared to analysts' expectations of $4.91 billion. On average, analysts expect Goodyear Tire & Rubber to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Goodyear Tire & Rubber Trading Down 0.2 %

NASDAQ:GT opened at $10.94 on Monday. The company has a market cap of $3.12 billion, a PE ratio of 45.59 and a beta of 1.49. The business's 50 day moving average is $9.49 and its two-hundred day moving average is $9.26. The company has a quick ratio of 0.55, a current ratio of 1.04 and a debt-to-equity ratio of 1.30. Goodyear Tire & Rubber has a 52 week low of $7.27 and a 52 week high of $13.26.

Analysts Set New Price Targets

A number of equities analysts have commented on GT shares. Argus raised shares of Goodyear Tire & Rubber from a "hold" rating to a "buy" rating and set a $12.00 price objective for the company in a report on Tuesday, February 18th. TD Cowen assumed coverage on shares of Goodyear Tire & Rubber in a research report on Friday, March 7th. They set a "buy" rating and a $14.00 price objective for the company. StockNews.com cut shares of Goodyear Tire & Rubber from a "buy" rating to a "hold" rating in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft raised Goodyear Tire & Rubber from a "hold" rating to a "buy" rating and set a $13.00 target price for the company in a report on Monday, March 31st. Three equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $13.78.

About Goodyear Tire & Rubber

Goodyear Tire & Rubber Co engages in the development, manufacture, distribution, and sale of tires. It operates through the following geographical segments: Americas, Europe, Middle East, and Africa, and Asia Pacific. The Americas segment is involved in the development, manufacture, distribution, and sale of tires and related products and services in North, Central, and South America.

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