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Goodyear Tire & Rubber (NASDAQ:GT – Get Free Report) issued its quarterly earnings results on Thursday. The company reported ($0.17) EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.31). Goodyear Tire & Rubber had a net margin of 1.30% and a return on equity of 5.31%. The business had revenue of $4.47 billion for the quarter, compared to the consensus estimate of $4.50 billion. During the same quarter in the previous year, the business earned $0.19 earnings per share. The firm’s revenue was down 2.3% on a year-over-year basis.
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Goodyear Tire & Rubber (NASDAQ:GT) Issues Quarterly Earnings Results