Goodyear Tire & Rubber: Second Quarter Earnings Outlook

Goodyear Tire & Rubber GT released its second quarter results on Friday, August 5, 2022 at 7:45 a.m.

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

Earnings

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

Revenue increased by $1.23 billion compared to the same period last year.

Past Earnings Performance

Last quarter, the company beat EPS by $0.16, followed by a 9.49% decline in share price the next day.

Here is 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 Actual EPS 0.37 0.57 0.72 0.32 Revenue estimate 4.65B 4.96B 4.75B 3.81B Actual turnover 4.91B 5.05B 4.93B 3.98 billion

To keep up with all of Goodyear Tire & Rubber's earnings releases, check out their earnings calendar here.

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

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