– The Goodyear Tire & Rubber Company (NASDAQ: GT) reported adjusted earnings of $0.45 per share for the third quarter of 2019, vs $0.52 per share expected
– Net income decreased to $88 million or $0.38 per share from $351 million or $1.48 per share in the third quarter of last year
– Third-quarter sales declined 3% annually to $3.8 billion, vs. $3.92 billion expected, hurt mainly by unfavorable foreign currency translation
– US consumer replacement shipments increased 3%; tire unit volumes dropped 1% from last year to 40.3 million
— Declared quarterly dividend of $0.16 per share, payable on December 2 to shareholders of record on November 1
– Goodyear shares gained modestly early Friday, after closing the last trading session lower
Most Popular
Accenture (ACN) likely to extend revenue growth in Q4 2025 despite challenges
Accenture (NYSE: ACN) has consistently delivered quarterly revenue growth across its operating segments this year, pushing both top-line and earnings above analysts' estimates. That momentum is expected to continue when
Darden Restaurants (DRI): A look at the restaurant chain’s performance in Q1 2026
Shares of Darden Restaurants, Inc. (NYSE: DRI) were down over 2% on Friday. The stock has dropped 17% year-to-date. The restaurant operator delivered sales and earnings growth for the first
Intuit (INTU) reaffirms first-quarter and fiscal 2026 financial guidance
Financial technology company Intuit Inc. (NASDAQ: INTU) has published its financial outlook, reaffirming first-quarter and full-year guidance. For the first quarter of fiscal 2026, the company continues to expect revenue
