Goodyear Tire (GT) Misses Q4 EPS Views; Sees Slower Growth in FY12, Flat Volumes
Tweet
Share
E-mailGet Alerts GT Hot Sheet
Join SI Premium – FREE
Goodyear Tire & Rubber (NYSE: GT) reported Q4 EPS of $0.03, $0.17 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $5.68 billion versus the consensus estimate of $5.88 billion.
Goodyear expects long-term growth in the global tire industry to continue, but at a slower pace near term than previously forecast due to continued economic weakness in multiple markets. The company expects that its full-year tire unit volume for 2012 will be essentially flat with 2011.
For earnings history and earnings-related data on Goodyear Tire & Rubber (GT) click here.
Goodyear expects long-term growth in the global tire industry to continue, but at a slower pace near term than previously forecast due to continued economic weakness in multiple markets. The company expects that its full-year tire unit volume for 2012 will be essentially flat with 2011.
For earnings history and earnings-related data on Goodyear Tire & Rubber (GT) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- NVE Corporation names new CEO and expands board to seven members
- JPMorgan Starts ICICI Prudential Asset Management (ICICIAMC:IN) at Overweight
Create E-mail Alert Related Categories
Earnings, GuidanceRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
