Goodyear Tire (GT) Tops Q3 EPS by 4c

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Goodyear Reports All-Time Record Segment Operating Income

October 29, 2015 8:15 AM EDT

AKRON, Ohio, Oct. 29, 2015 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today reported record results for the third quarter of 2015.

"We delivered outstanding earnings growth in the quarter and segment operating margin of more than 14 percent, overcoming macroeconomic challenges in some of our key international markets," said Richard J. Kramer, chairman and chief executive officer.

"Our strong momentum in North America continues. The business grew its segment operating margin to more than 16 percent and achieved a 54 percent year-over-year... More