Goodyear Tire (GT) Tops Q3 EPS by 7c; offers outlook

Goodyear Tire (NASDAQ: GT) reported Q3 EPS of $0.28, $0.07 better than the analyst estimate of $0.21. Revenue for the quarter came in at $4.65 billion versus the consensus estimate of $4.67 billion.

OUTLOOK

Goodyear Forward is a transformation plan designed to deliver significant margin expansion and reduce leverage to drive substantial shareholder value creation. Segment
operating income benefited by $480 million in 2024. We expect an additional benefit of approximately $750 million in segment operating income from this program in 2025, of
which $580 million was achieved during the first nine months of 2025. The annualized run rate targets were increased from $1.3 billion to $1.5 billion in Q3 2024. During 2025, we
completed the sale of the Off-the-Road tire business, the sale of the Dunlop brand and the sale of the Chemical business resulting in total proceeds of approximately $2.2 billion.

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

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