Goodyear Tire (GT) Tops Q3 EPS by 1c; Updates FY16 Operating Income Outlook

Goodyear Tire (NASDAQ: GT) reported Q3 EPS of $1.19, $0.01 better than the analyst estimate of $1.18. Revenue for the quarter came in at $3.8 billion versus the consensus estimate of $3.97 billion.

Financial Targets

The company has confirmed its 2020 financial targets and capital allocation plan, which were announced on September 15, 2016.

The company has revised its 2016 financial targets. The company now expects its full-year 2016 total segment operating income to be between $2 billion and $2.025 billion.

For earnings history and earnings-related data on Goodyear Tire (GT) click here.

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