Goodyear Tire (GT) Tops Q1 EPS by 1c

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Go back to Goodyear Tire (GT) Tops Q1 EPS by 1c

Goodyear Reports Record First Quarter Results

April 27, 2016 7:45 AM EDT

AKRON, Ohio, April 27, 2016 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today reported record results for the first quarter of 2016.

"We are very pleased with our strong first quarter performance," said Richard J. Kramer, chairman, chief executive officer and president. "Demand for our premium-branded, high-value-added products is robust and our product mix continues to grow richer, driving margin expansion," he added. The company's first quarter segment operating margin of 11.4 percent was up from 9.6... More