Goodyear Tire & Rubber (NASDAQ:GT) Announces Quarterly Earnings Results

Goodyear Tire & Rubber (NASDAQ:GT) announced its quarterly earnings results on Wednesday. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.05), FiscalAI reports. The firm had revenue of $4.54 billion during the quarter, compared to analyst estimates of $4.59 billion. Goodyear Tire & Rubber had a negative net margin of 14.37% and a negative return on equity of 2.95%. Goodyear Tire & Rubber’s revenue for the quarter was down 2.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.28 EPS.

Goodyear Tire & Rubber Stock Up 2.8%

Shares of GT stock opened at $4.57 on Thursday. Goodyear Tire & Rubber has a 1 year low of $4.09 and a 1 year high of $10.62. The stock has a market cap of $1.31 billion, a PE ratio of -0.52 and a beta of 1.22. The business’s fifty day moving average is $5.02 and its 200-day moving average is $6.60. The company has a debt-to-equity ratio of 1.92, a quick ratio of 0.55 and a current ratio of 1.09.

More Goodyear Tire & Rubber News

Here are the key news stories impacting Goodyear Tire & Rubber this week:

• Positive Sentiment: Goodyear said earnings improved sequentially, with segment operating income of $174 million. Organic sales rose 1.6% year over year, and original-equipment tire volumes increased, reflecting market-share gains. Goodyear Announces Third Quarter 2026 Results
• Positive Sentiment: The company is shifting toward higher-value consumer tires: 18-inch-and-larger products reached 44% of sales volume, up from 39% a year earlier. Goodyear Announces Third Quarter 2026 Results
• Neutral Sentiment: Goodyear established a dedicated transformation office to pursue improvements in structural returns and cash generation; the eventual benefits remain uncertain. Goodyear Announces Third Quarter 2026 Results
• Negative Sentiment: Third-quarter results missed expectations: Goodyear reported a loss of $0.11 per share versus the supplied consensus estimate of a $0.06 loss. Revenue was $4.54 billion, below the $4.59 billion estimate, and down 2.3% year over year. The company reported a $238 million net loss, or a $31 million adjusted loss, compared with earnings of $0.28 per share a year earlier. Goodyear Reports Q3 Loss, Misses Revenue Estimates
• Negative Sentiment: Wall Street analysts reportedly assigned GT a “Reduce” rating, adding to concerns about the company’s outlook. Goodyear Stock Now Rated Reduce by Wall Street Analysts
• Negative Sentiment: Tire unit volume fell 3.3%, with weakness in the replacement market and factory-utilization and cost-absorption pressures in the Americas weighing on results. Goodyear Announces Third Quarter 2026 Results

Wall Street Analyst Weigh In

GT has been the subject of a number of recent analyst reports. Zacks Research lowered Goodyear Tire & Rubber from a “hold” rating to a “strong sell” rating in a report on Friday, October 16th. JPMorgan Chase & Co. cut their target price on Goodyear Tire & Rubber from $10.00 to $9.00 and set an “overweight” rating on the stock in a research note on Friday, October 2nd. Wall Street Zen raised Goodyear Tire & Rubber from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 8th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Goodyear Tire & Rubber in a research note on Friday, August 7th. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average price target of $8.06.

About Goodyear Tire & Rubber

Goodyear Tire & Rubber Company is a global tire manufacturer headquartered in Akron, Ohio. Founded in 1898, the company develops, produces, markets and distributes tires and related products for passenger vehicles, commercial trucks, aircraft, motorcycles, agricultural equipment and off-road vehicles.

Goodyear serves consumer, commercial and original-equipment customers through a portfolio that includes Goodyear and other regional and market-specific brands. Its offerings include replacement tires, tires supplied to vehicle manufacturers, retreading products and related solutions designed to support vehicle performance, safety and efficiency.

In addition to manufacturing, Goodyear operates tire and automotive service locations and provides fleet-management, maintenance and other mobility-related services for commercial customers.