Goodyear Tire & Rubber (GT) Projected to Post Quarterly Earnings on Monday

Goodyear Tire & Rubber (NASDAQ:GT) is expected to be posting its Q1 2025 quarterly earnings results before the market opens on Monday, May 5th. Analysts expect the company to announce earnings of $0.29 per share and revenue of $4.41 billion for the quarter.

Goodyear Tire & Rubber (NASDAQ:GT) last announced its earnings results on Thursday, February 13th. The company reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.10. Goodyear Tire & Rubber had a net margin of 0.37% and a return on equity of 6.21%. The business had revenue of $4.95 billion during the quarter, compared to the consensus estimate of $4.91 billion. On average, analysts expect Goodyear Tire & Rubber to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Goodyear Tire & Rubber Stock Performance

Shares of Goodyear Tire & Rubber stock opened at $11.01 on Friday. The business has a 50-day moving average price of $9.57 and a two-hundred day moving average price of $9.34. Goodyear Tire & Rubber has a 1-year low of $7.27 and a 1-year high of $13.26. The company has a current ratio of 1.04, a quick ratio of 0.55 and a debt-to-equity ratio of 1.30. The company has a market cap of $3.14 billion, a P/E ratio of 45.88 and a beta of 1.49.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on GT. TD Cowen assumed coverage on shares of Goodyear Tire & Rubber in a research note on Friday, March 7th. They issued a “buy” rating and a $14.00 price target for the company. Argus raised Goodyear Tire & Rubber from a “hold” rating to a “buy” rating and set a $12.00 price target on the stock in a research note on Tuesday, February 18th. Deutsche Bank Aktiengesellschaft upgraded Goodyear Tire & Rubber from a “hold” rating to a “buy” rating and set a $13.00 price target on the stock in a report on Monday, March 31st. Finally, StockNews.com raised Goodyear Tire & Rubber from a “hold” rating to a “buy” rating in a research report on Friday. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $13.78.

Goodyear Tire & Rubber Company Profile

Goodyear Tire & Rubber Co engages in the development, manufacture, distribution, and sale of tires. It operates through the following geographical segments: Americas, Europe, Middle East, and Africa, and Asia Pacific. The Americas segment is involved in the development, manufacture, distribution, and sale of tires and related products and services in North, Central, and South America.