Goodyear Reports Fourth Quarter, Full-Year 2016 Results; Announces Increase to Share Repurchase Program

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Go back to Goodyear Reports Fourth Quarter, Full-Year 2016 Results; Announces Increase to Share Repurchase Program

Goodyear Tire (GT) Tops Q4 EPS by 8c; Raises Buyback by $1B

February 8, 2017 7:48 AM EST

Goodyear Tire (NASDAQ: GT) reported Q4 EPS of $0.95, $0.08 better than the analyst estimate of $0.87. Revenue for the quarter came in at $3.7 billion versus the consensus estimate of $3.88 billion.

The Board of Directors authorized a $1.0 billion increase in the share repurchase program, bringing the total... More