Goodyear Tire & Rubber (GT) is scheduled to report 3rd quarter earnings on 10/30/2024.
Regarding Q3 estimates, Wall Street analysts expect Goodyear Tire & Rubber to post earnings of $0.22 per share. Revenue expectations are pegged at $4.96 billion. Last quarter, Goodyear Tire & Rubber beat earnings estimates, reporting EPS of $0.19 on estimates of $0.14. The stock fell by -15.90% the day after the last earnings release.
Year-to-date, GT stock has fallen by -42.46%.
Is Goodyear Tire & Rubber Stock a Buy?
Wall Street’s consensus rating for GT stock is a Moderate Buy, with an average analyst price target of $13.60, implying upside potential of 65.05% from current levels.
GT shares have lost about -30.41% in the past six months.
About Goodyear Tire & Rubber
Goodyear Tire & Rubber Co. engages in the development, manufactures, distribution, and sale of tires. Its products include lines of rubber tires for automobiles, trucks, buses, aircraft, motorcycles, farm implements, earthmoving and mining equipment, industrial equipment and various other applications. The company was founded by Frank A. Seiberling on August 29, 1898 and is headquartered in Akron, OH.
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