Goodyear Tire & Rubber (NASDAQ:GT) reported its Q1 earnings results on Friday, May 6, 2022 at 07:45 AM.
Here's what investors need to know about the announcement.
Earnings
Goodyear Tire & Rubber beat estimated earnings by 76.19%, reporting an EPS of $0.37 versus an estimate of $0.21.
Revenue was up $1.40 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.25 which was followed by a 27.44% drop in the share price the next day.
Here's a look at Goodyear Tire & Rubber's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.32 | 0.29 | 0.14 | 0.09 |
| EPS Actual | 0.57 | 0.72 | 0.32 | 0.43 |
| Revenue Estimate | 4.96B | 4.75B | 3.81B | 3.40B |
| Revenue Actual | 5.05B | 4.93B | 3.98B | 3.51B |
To track all earnings releases for Goodyear Tire & Rubber visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
