GT Stock Recent News

GT's fourth-quarter 2024 results reflect mixed performance, with revenues beating estimates but declining on a year-over-year basis.

Explore Goodyear's (GT) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.

The Goodyear Tire & Rubber Company (NASDAQ:GT ) Q4 2024 Results Conference Call February 14, 2025 9:00 AM ET Company Participants Greg Shank - Senior Director, IR Mark Stewart - CEO and President Christina Zamarro - EVP and CFO Conference Call Participants James Picariello - BNP Paribas Emmanuel Rosner - Wolfe Research Doug Karson - Bank of America Edison Yu - Deutsche Bank Operator Good morning. My name is Margo, and I'll be your conference operator today.

Although the revenue and EPS for Goodyear (GT) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Goodyear (GT) came out with quarterly earnings of $0.39 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.47 per share a year ago.

Full year Goodyear net income of $70 million (24 cents per share); adjusted net income of $302 million ($1.05 per share) Fourth quarter Goodyear net income of $76 million (26 cents per share); adjusted net income of $114 million (39 cents per share) Full year Segment Operating Margin expansion across all three business units Goodyear Forward drives 2024 benefits of $480 million, exceeding plan Fourth quarter cash flows from operating activities of $1.3 billion Company reaffirms expanded Goodyear Forward targets, significant deleveraging expected in 2025 AKRON, Ohio , Feb. 13, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) reported fourth quarter 2024 results today and the company will host an investor call tomorrow morning at 9:00 a.m. eastern time led by Mark Stewart, Goodyear's chief executive officer and president, and Christina Zamarro, the company's executive vice president and chief financial officer.

AKRON, Ohio , Feb. 12, 2025 /PRNewswire/ -- In celebration of the Goodyear Blimp's 100th anniversary, The Goodyear Tire & Rubber Company (NASDAQ: GT) today unveiled a commemorative, blimp-themed sidewall design that will outfit all NASCAR stock cars for NASCAR's Official Throwback Weekend at Darlington Raceway, including both the Goodyear 400 and the Xfinity series races. Goodyear's Eagle racing tires will feature an historic image of Goodyear's first branded blimp, "Pilgrim," which took flight in 1925, as well as a banner calling out the 100-year milestone.

AKRON, Ohio , Feb. 11, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that David Anckaert has been named Chief of Product Strategy and Planning, reporting to Chief Executive Officer and President Mark Stewart, effective immediately. "David is a natural fit to lead the development of Goodyear's global product, services and solutions portfolio to maximize our end-to-end customer value proposition," said Stewart.

VANCOUVER, British Columbia--(BUSINESS WIRE)--TELUS Digital Experience (TELUS Digital) (NYSE and TSX: TIXT), a leading global technology company deploying exceptional customer experiences, will expand its global AI research footprint with the launch of the TELUS Digital Research Hub at the University of São Paulo (USP) in Brazil on March 18. Through a $1 million investment over three years, the state-of-the-art facility will serve as a collaborative research space, attracting leading global AI.

AKRON, Ohio , Feb. 7, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company will report fourth quarter and full-year 2024 financial results after market close on Thursday, February 13, followed by an investor conference call at 9:00 a.m. ET on Friday, February 14.