Goodyear Tire (GT) Tops Q3 EPS by 1c; Updates FY16 Operating Income Outlook

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Goodyear Reports Third Quarter Results for 2016, Revises 2016 Outlook

October 28, 2016 7:45 AM EDT

AKRON, Ohio, Oct. 28, 2016 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today reported results for the third quarter and first nine months of 2016.

"We delivered solid results in the quarter, with a total segment operating margin of 14.5 percent, which takes our core segment operating income to record levels on a year-to-date basis," said Richard J. Kramer, chairman, chief executive officer and president.

"Our revised 2016 outlook reflects recent volatility impacting our U.S. commercial... More