A month has gone by since the last earnings report for Goodyear (GT). Goodyear Earnings Miss Estimates in Q4, Decrease Y/YGoodyear Tire has reported adjusted earnings per share of 51 cents in fourth-quarter 2018 compared with 99 cents in the prior-year quarter.The bottom line missed the Zack Consensus Estimate of 60 cents. The company reported net income of $110 million against net loss of $96 million in the year-ago quarter.The company delivered net revenues of $3.88 billion, lower than $4.07 billion in the year-ago quarter. Replacement tire shipments were nearly flat while original equipment unit volume fell 10% from the prior-year quarter.Segmental operating income was $307 million, down from $430 million in fourth-quarter 2017.2018 ResultsFor 2018, adjusted earnings per share were $2.32, down from $3.12 in 2017.Revenues in 2018 were $15.5 billion, up 1% from the 2017 figure.Segment DetailsRevenues in the Americas’ segment declined year over year from $2.18 billion to $2.11 billion.
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Friday, March 15
Date: 15 Mar 19 Time: 13:52
Date: 15 Mar 19 Time: 11:54
Goodyear Tire & Rubber Co (INX:GT) social chatter is higher than usual
Sunday, March 10
Tuesday, March 05
Date: 05 Mar 19 Time: 13:10
Analysis: Positioning to Benefit within The Goodyear Tire & Rubber, Cars, Tutor Perini, CVS Health, VMware, and Horizon Pharma Public — Research Highlights Growth, Revenue, and Consolidated Results
The new research reports from Capital Review, available for free download at the links above, examine The Goodyear Tire & Rubber Company (NASDAQ:GT), Cars.com Inc. (NYSE:CARS), Tutor Perini Corporation (NYSE:TPC), CVS Health Corporation (NYSE:CVS), VMware, Inc. (NYSE:VMW), and Horizon Pharma Public Limited Company (NASDAQ:HZNP) on a fundamental level and outlines the overall demand for their products and services in addition to an in-depth review of the business strategy, management discussion, and overall direction going forward. The Goodyear Tire & Rubber's Recent Financial Performance. For the three months ended December 31st, 2018 vs December 31st, 2017, The Goodyear Tire & Rubber reported revenue of $3,876.00MM vs $4,071.00MM (down 4.79%) and analysts estimated basic earnings per share $0.46 vs -$0.37. For the twelve months ended December 31st, 2018 vs December 31st, 2017, The Goodyear Tire & Rubber reported revenue of $15,475.00MM vs $15,377.00MM (up 0.64%) and analysts estimated basic earnings per share $2.92 vs $1.39 (up 110.07%). The report will be for the fiscal period ending March 31st, 2019. The estimated EPS forecast for the next fiscal year is $2.94 and is expected to report on February 14th, 2020.
Date: 05 Mar 19 Time: 12:00
Public Debut of New Goodyear Eagle F1 SuperSport Range at the Geneva International Motor Show 2019
The tires deploy innovative technologies and compounds that enable significant improvements to braking distances and lap times without neglecting more intangible elements of the driving experience, such as feedback during turn-in, under braking and approaching breakaway. Responsive directional changes are ensured through the stiff tread ribs while a massive closed outside pattern, used on the tire's shoulder, provides control during load transfers in corners. A super-stiff sidewall design further improves handling without unduly compromising ride comfort. Although primarily developed for dry conditions, Goodyear has innovatively addressed wet performance through the deployment of a multi-compound combination that sees dry-optimized outer sections paired with three wet-optimized central segments. Grip levels are enhanced through use of a high-friction compound that provides exceptional dry grip levels, while excellent cornering stability is ensured by bridges in the tread pattern's inner groove reducing deformation of tread blocks under extreme cornering forces.
Date: 05 Mar 19 Time: 09:35
World Premiere of Restored 1950's Autonomous Concept Vehicle Golden Sahara II with Goodyear Tires
World Premiere of Restored 1950's Autonomous Concept Vehicle Golden Sahara II with Goodyear Tires. "The 1950s and 60s were a period of intense innovation for Goodyear. We partnered with mobility pioneers in everything from lunar exploration to land speed records," said Henry Dumortier, Vice President Consumer for Goodyear Europe. "The Golden Sahara II is a unique vehicle and a part of American motoring history," said Larry Klairmont, founder and owner of Klairmont Kollections, a museum of 300 classic and custom vehicles in Chicago, Illinois. "Discovery and innovation continue to be the core of what Goodyear does. Working on projects like the Golden Sahara II and the concept tires that we present at Geneva is an opportunity to stretch our imagination and envision the possible products and services of the future." For additional pictures, visit http://news.goodyear.eu.
Date: 05 Mar 19 Time: 07:00
The Goodyear AERO - A Concept Tire for Autonomous, Flying Cars
The Goodyear AERO - A Concept Tire for Autonomous, Flying Cars. "For over 120 years Goodyear has obsessively pursued innovations and inventions, partnering with the pioneers driving change and discovery in transport," said Chris Helsel, Chief Technology Officer at Goodyear. "With mobility companies looking to the sky for the answer to the challenges of urban transport and congestion, our work on advanced tire architectures and materials led us to imagine a wheel that could serve both as a traditional tire on the road and as a propulsion system in the sky." processor would analyze these streams of data to recommend a course of action - allowing a vehicle to adapt to a flying or driving mode – and identify and resolve potential tire-related issues before they happen. While the AERO is a purely conceptual design, some of its featured technologies, such as a non-pneumatic structure and intelligent tire capabilities, are being developed by Goodyear today, while others might become the basis for new ideas and potentially new products in the future.
Thursday, February 28
Date: 28 Feb 19 Time: 08:00
Thomas Williams Elected to Goodyear Board
Tom's extensive knowledge of manufacturing, distribution, logistics and innovation, along with a track record of focusing on safety and sustainability, will be a tremendous asset to our board. Williams, 60, has served as Chief Executive Officer of Parker-Hannifin Corporation, a leading worldwide diversified manufacturer of motion and control technologies and systems, since February 2015 and as Chairman of the Board of Parker since January 2016. Williams joined Parker in 2003 as Vice President of Operations – Hydraulics Group and became President – Instrumentation Group in 2005 and Senior Vice President and Operating Officer in 2006. Prior to joining Parker-Hannifin, Williams was employed by General Electric Company for 22 years, where he held various executive operating positions for four different GE business groups: Capital, Aviation, Lighting and Transportation.
Saturday, February 23
Date: 23 Feb 19 Time: 07:08
BB&T Securities LLC Has $495,000 Holdings in Goodyear Tire & Rubber Co (GT) – Fairfield Current
BB&T Securities LLC decreased its holdings in shares of Goodyear Tire & Rubber Co (NASDAQ:GT) by 31.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). Finally, Oppenheimer Asset Management Inc. bought a new position in Goodyear Tire & Rubber during the third quarter worth $205,000. Finally, Argus reduced their price objective on Goodyear Tire & Rubber from $30.00 to $26.00 and set a “buy” rating on the stock in a research note on Wednesday, October 31st. In other Goodyear Tire & Rubber news, Director Werner Geissler purchased 35,000 shares of the stock in a transaction dated Wednesday, February 13th.
Tuesday, February 19
Date: 19 Feb 19 Time: 12:51
Insider Buys Of The Week: Kinder Morgan, Goodyear And More
Conventional wisdom says that insiders and 10 percent owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it. So insider buying can be an encouraging signal for potential investors, particularly during periods of uncertainty. Here's a look at a few significant insider purchases reported in the past week, and note that an insider also made sizable purchases of Plantronics Inc (NYSE: PLT) shares. The Kinder Morgan Inc (NYSE: KMI) executive chair of the board, Richard Kinder, has purchased 200,000 more shares of this Houston-based energy infrastructure giant. The stock ended last week at $30.90 per share, which is within the above purchase price range. While the analysts' consensus target was last seen at $45.95, the stock has traded as high as $45.76 in the past 52 weeks.
Key Stats & Ratios
|Quaterly Earnings Growth||N/A|
|Quaterly Revenue Growth||-4.80%|
|Revenue per share||65.29|
|Earnings||24 Apr 13:30|