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Goodyear Tire & Rubber Company

$11.82

Earnings Summary

Revenue
$4537Mn
Net Profits
$-57Mn
Net Profit Margins
-1.26%

Highlights

Revenue:

Goodyear Tire & Rubber Company’s revenue fell -8.18% since last year same period to $4537Mn in the Q1 2024. On a quarterly growth basis, Goodyear Tire & Rubber Company has generated -11.32% fall in its revenue since last 3-months.

Net Profits:

Goodyear Tire & Rubber Company’s net profit jumped 42.42% since last year same period to $-57Mn in the Q1 2024. On a quarterly growth basis, Goodyear Tire & Rubber Company has generated 80.41% jump in its net profits since last 3-months.

Net Profit Margins:

Goodyear Tire & Rubber Company’s net profit margin jumped 37.3% since last year same period to -1.26% in the Q1 2024. On a quarterly growth basis, Goodyear Tire & Rubber Company has generated 77.91% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Goodyear Tire & Rubber Company post its latest quarter earnings

EPS Estimate Current Quarter
0.13
EPS Estimate Current Year
0.13

Highlights

EPS Estimate Current Quarter:

Goodyear Tire & Rubber Company’s earning per share (EPS) estimates for the current quarter stand at 0.13 - a 1200% jump from last quarter’s estimates.

EPS Estimate Current Year:

Goodyear Tire & Rubber Company’s earning per share (EPS) estimates for the current year stand at 0.13.

Key Ratios

Key ratios of the Goodyear Tire & Rubber Company post its Q1 2024 earnings

Earning Per Share (EPS)
0.1
Return on Assets (ROA)
0.02
Return on Equity (ROE)
-0.13

Highlights

Earning Per Share (EPS):

Goodyear Tire & Rubber Company’s earning per share (EPS) jumped 134.48% since last year same period to 0.1 in the Q1 2024. This indicates that the Goodyear Tire & Rubber Company has generated 134.48% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

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.

Earning Per Share (EPS):

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 -0.13.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-07
0.01
0.1
900%