Goodyear Tire & Rubber GT announces its next round of earnings this Friday, August 06. Here is Benzinga's everything-that-matters guide for this Friday's Q2 earnings announcement.
Net Income, Earnings, And Earnings Per Share
Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.
Earnings And Revenue
Based on management's projections, Goodyear Tire & Rubber analysts model for earnings of $0.14 per share on sales of $3.81 billion. Goodyear Tire & Rubber reported a per-share loss of $1.87 when it published results during the same quarter last year. Sales in that period totaled $2.14 billion.
What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?
Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.
The analyst consensus estimate would represent a 107.49% increase in the company's EPS figure. Sales would be up 77.71% from the same quarter last year. Goodyear Tire & Rubber's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
---|---|---|---|---|
EPS Estimate | 0.09 | 0.16 | -0.06 | -2.07 |
EPS Actual | 0.43 | 0.44 | 0.10 | -1.87 |
Revenue Estimate | 3.40 B | 3.61 B | 3.29 B | 1.87 B |
Revenue Actual | 3.51 B | 3.66 B | 3.46 B | 2.14 B |
Want Real-Time Earnings Calendar Updates?
Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.
Stock Performance
For a full 12 months, the return has risen by 59.94%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Do not be surprised to see the stock move on comments made during its conference call. Goodyear Tire & Rubber is scheduled to hold the call at 09:30:00 ET and can be accessed here.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.