Goodyear reported second-quarter revenue of $4.25 billion, a 4.8% year-over-year decline but slightly above the Zacks Consensus Estimate of $4.23 billion. The company posted a loss per share of $0.61, missing the consensus estimate of a $0.59 loss. Total tire units reached 36.5 million, exceeding the analyst estimate of 35.15 million, with all regional segments—Americas, Asia Pacific, and Europe, Middle East and Africa—surpassing expectations. Net sales in the Americas came in at $2.38 billion, below the $2.48 billion estimate, while Asia Pacific and Europe, Middle East and Africa both beat their respective estimates.
Goodyear Tire & Rubber CoEPS loss of $0.61 missed consensus estimate of $0.59 loss
Goodyear (Thailand) Public Company Limited