The Goodyear Tire & Rubber Q2 adjusted earnings Beat Estimates

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The Goodyear Tire & Rubber Q2 adjusted earnings Beat Estimates

(RTTNews.com) - The Goodyear Tire & Rubber ( GT ) reported earnings for its second quarter that advanced from last year.

The company's earnings came in at $157 million, or $0.65 per share. This compares with $147 million, or $0.58 per share, in last year's second quarter.

Excluding items, The Goodyear Tire & Rubber reported adjusted earnings of $150 million or $0.62 per share for the period.

Analysts had expected the company to earn $0.61	 per share, according to 

figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.1% to $3.84 billion from $3.69 billion last year.

The Goodyear Tire & Rubber earnings at a glance:

-Earnings (Q2): $150 Mln. vs. $177 Mln. last year. -EPS (Q2): $0.62 vs. $0.70 last year. -Analysts Estimate: $0.61

-Revenue (Q2): $3.84 Bln vs. $3.69 Bln last year.

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This article appears in: Fundamental Analysis , Stocks , Technology , Commodities , Earnings
Referenced Symbols: GT ,

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