Goodyear Tire (GT) Misses Q4 EPS by 33c

(Updated - February 11, 2020 7:48 AM EST)

Goodyear Tire (NASDAQ: GT) reported Q4 EPS of $0.19, $0.33 worse than the analyst estimate of $0.52. Revenue for the quarter came in at $3.71 billion versus the consensus estimate of $3.89 billion.

Disruption of Operations in China

As is the case with many other companies, Goodyear's operations in China have been disrupted by the coronavirus. The company's office-based associates will continue to work remotely through at least Feb. 17. Following a nine-day closure, the Goodyear-Pulandian manufacturing plant restarted operations on a limited basis on Feb. 10 to support customers across the Asia Pacific region. It is not clear what the full impact of the coronavirus disruption will be.

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

You May Also Be Interested In

• Whirlpool to close Mexico plant, expects $165M restructuring cost
• Stifel Previews Levi Strauss & Co. (LEVI) Earnings: 'Expecting Upside Passed Through to FY26E Guidance'
• BMO Capital: 'ISM Data Reinforces Constructive Freight Outlook'