Goodyear Tire (GT) Tops Q4 EPS by 11c, Revenues Beat

Goodyear Tire (NASDAQ: GT) reported Q4 EPS of $0.27, $0.11 better than the analyst estimate of $0.16. Revenue for the quarter came in at $3.66 billion versus the consensus estimate of $3.61 billion.

"We delivered strong performance to end a challenging year," said Richard J. Kramer, chairman, chief executive officer and president. "With a determination to win with our products in the marketplace and a relentless focus on cost and cash, we finished the year on a high note.

"We have good momentum as we enter 2021. Our commercial business continues to outperform the industry, our consumer replacement business is strengthening, and we are beginning to see the benefits of our robust consumer OE pipeline. I am confident we are positioned to capitalize on stronger industry fundamentals in 2021," added Kramer.

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

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