The Goodyear Tire & Rubber Company (NASDAQ: GT) is set to announce its financial results for the third quarter of 2024 on Monday 4th November 2024. This highly anticipated announcement is scheduled to take place after market close. Investors will have the opportunity to learn more about the company's performance during the quarter.
the organization is poised to announce an estimated $0.21 profit per share for the quarter, as predicted by financial experts on Wall Street. Additionally, the firm is expected to reveal a total revenue of $4.94 billion for this period.
When examining the earnings report from the corresponding quarter of the previous year, it is evident that the company showcased per-share income of $0.36. This numbers can be credited to the company's total revenue, which amounted to an impressive $5.14 billion during the same quarter.
The company's full-year performance projections, as provided by Wall Street analysts, suggest a total revenue of $19.23 billion. Further, they expect the earnings per share to achieve profit of $1 for the fiscal year.
The business has scheduled a conference call on 5th November 2024 at 08:30 AM eastern time to discuss Q3 financial results.
Friday's trading saw The Goodyear Tire & Rubber Company (GT) shares hit a low of $8.05 and a high of $8.27, with a day volume of 4.32 million shares. The stock closed the regular trading session at $8.22, marking 2.62 percent gain.
