Goodyear Tire & Rubber Co.

NASDAQ:GT   11:28:25 AM EDT
19.16
-0.07 (-0.36%)
Positive Earnings Pre-Announcement

Goodyear Tire Says Conditions Are Strong In The U.S. Where Sell-Out Demand Exceeded 2019 March Levels - Conf Call

Published: 04/30/2021 14:25 GMT
Goodyear Tire & Rubber Co. (GT) - Goodyear Tire Exec Says Conditions Are Strong in the U.S. Where Sell-out Demand Exceeded 2019 March Levels - Conf Call.
Goodyear Tire Exec Says Vehicle Miles Traveled Are Improving and Manufacturers, Dealers Need to Replenish Inventories, Which Were Managed to Low Levels During the Pandemic.
Goodyear Tire Exec Says Industry Data, Robust Second Half Global Gdp Forecast Indicate an Emerging Consumer-led Recovery and Strong Market Conditions Ahead.
Goodyear Tire Exec - "oe Production Has Been Affected by Part Shortages in Q1, Particularly the Tight Supply of Semiconductors.
This is a Situation We Expect to Persist".
Goodyear Tire Exec Says in Brazil, Demand for Replacement Tires is Recovering Faster Than Anticipated.
Goodyear Tire Exec Says Co Benefited From Strong Growth in China and India, Where Co More Than Doubled Its Replacement Units on a Combined Basis Versus Last Year.
Goodyear Tire CEO - " in Many of Our Key Markets, Vaccinations Are Increasing, Vehicle Miles Traveled Are Improving, Auto Production is Recovering and Employers Are Hiring".
Goodyear Tire CFO Says First Quarter Reflected Continued Industry Recovery.
Goodyear Tire Exec Says Co Sees 2021 As a Year of Share Recovery for Co's Oe Business After the Anticipated Decline in 2019 and 2020.
Goodyear Tire Exec Says Expects Raw Material Cost Increases to Begin to Impact Co in Q3.
Revenue is expected to be $3.69 Billion
Adjusted EPS is expected to be $0.09

Next Quarter Revenue Guidance is expected to be $3.85 Billion
Next Quarter EPS Guidance is expected to be $0.33

More details on our Analysts Page.