Goodyear Tire (GT) Tops Q2 EPS by 10c, Beats on Revenue

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/22/2026

1. META
2. TSLA
3. IBM
4. TXN
5. LVS
6. SAP
7. CSX
8. LRCX
9. ELV
10. NDAQ

Go back to Goodyear Tire (GT) Tops Q2 EPS by 10c, Beats on Revenue

GOODYEAR REPORTS SECOND QUARTER, FIRST HALF 2022 RESULTS

August 5, 2022 7:15 AM EDT

Net sales growth of 31% compared with the second quarter of 2021, over 15% growth excluding the Cooper Tire transaction

Second quarter Goodyear net income of $166 million; adjusted net income of $131 million

Merger-adjusted segment operating income of $372 million, up 7% compared to the second quarter of 2021

Unit volume growth of 21%, including 7% in legacy business

Price/mix exceeded raw materials by more than $140 million

Revenue per tire (excluding currency impact) up 14% versus second quarter of 2021

AKRON, Ohio, Aug. 5, 2022 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ:... More