Form 8-K GOODYEAR TIRE & RUBBER For: Feb 12
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JPMorgan Mixed on Goodyear Tire & Rubber (GT), 'no substantive update to the ongoing asset sale process'
February 14, 2024 8:09 AM ESTJPMorgan analyst Ryan Brinkman reiterated a Neutral rating and {REMOVEPT} price target on Goodyear Tire & Rubber (NASDAQ: GT)
The analyst comments "Goodyear released its fourth quarter and full year results after the close on Monday, the first under new CEO Mark Stewart, who took over on January 29th. Revenue fell a bit short of expectations, primarily on... More
Goodyear Tire & Rubber (GT) PT Lowered to $17 at JPMorgan
February 14, 2024 5:21 AM ESTJPMorgan analyst Ryan Brinkman lowered the price target on Goodyear Tire & Rubber (NASDAQ: GT) to $17.00 (from $18.00) while maintaining a Overweight rating.
The analyst comments "Goodyear shares fell -15.0% Tuesday vs. S&P 500 -1.4% after the company reported 4Q earnings largely in line with JPM estimates and in fact solidly ahead of consensus but moving parts relative to 1Q guidance items pointed to a below JPM and consensus start to the year. Revenue in 4Q was $5,128 mn (tire shipments down -4% y/y), which was softer than the $5,385 mn (JPMe shipments... More
Goodyear Tire (GT) Tops Q4 EPS by $0.11, Misses on Revenue
February 12, 2024 4:26 PM EST(Updated - February 12, 2024 4:29 PM EST)
Goodyear Tire (NASDAQ: GT) reported Q4 EPS of $0.47, $0.11 better than the analyst estimate of $0.36. Revenue for the quarter came in at $5.12 billion versus the consensus estimate of $5.38 billion.
For earnings history and earnings-related data on Goodyear Tire (GT) click here.
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