Goodyear Tire & Rubber Company Earnings

Goodyear Tire & Rubber Company’s revenue fell -6.18% since last year same period to $4824Mn in the Q3 2024. On a quarterly growth basis, Goodyear Tire & Rubber Company has generated 5.56% jump in its revenue since last 3-months.

Goodyear Tire & Rubber Company’s net profit jumped 61.8% since last year same period to $-34Mn in the Q3 2024. On a quarterly growth basis, Goodyear Tire & Rubber Company has generated -140% fall in its net profits since last 3-months.

Goodyear Tire & Rubber Company’s net profit margin jumped 59.28% since last year same period to -0.7% in the Q3 2024. On a quarterly growth basis, Goodyear Tire & Rubber Company has generated -137.89% fall in its net profit margins since last 3-months.

Goodyear Tire & Rubber Company’s earning per share (EPS) estimates for the current quarter stand at 0.21 - a 61.54% jump from last quarter’s estimates.

Goodyear Tire & Rubber Company’s earning per share (EPS) estimates for the current year stand at 0.21.

Goodyear Tire & Rubber Company’s earning per share (EPS) jumped 2.78% since last year same period to 0.37 in the Q3 2024. This indicates that the Goodyear Tire & Rubber Company has generated 2.78% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Goodyear Tire & Rubber Company’s return on assets (ROA) stands at 0.02.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Goodyear Tire & Rubber Company’s return on equity (ROE) stands at -0.06.