{"id":81837,"date":"2023-11-07T18:22:26","date_gmt":"2023-11-07T23:22:26","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/goodyear-tire-beats-q3-estimates-revenues-miss\/"},"modified":"2023-11-07T18:22:29","modified_gmt":"2023-11-07T23:22:29","slug":"goodyear-tire-beats-q3-estimates-revenues-miss","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=81837","title":{"rendered":"Goodyear Tire beats Q3 estimates, revenues miss"},"content":{"rendered":"<div>\n<div id=\"imgCarousel\" class=\"imgCarousel\">\n<p><span class=\"text\">\u00a9 Reuters. Goodyear Tire beats Q3 estimates, revenues miss<\/span><br \/>\n<i class=\"imgGrad\"><\/i>\n<\/div>\n<p>Goodyear Tire (GT) reported its Q3 results, with EPS of $0.36 coming in better than the consensus of $0.19. However, revenues of $5.14 billion missed the consensus estimate of $5.3B.<\/p>\n<p>The company anticipates its upcoming Q4 results to be negatively impacted by a fire at its factory in Poland, which is expected to result in a one-time cost of approximately $20 million. Nonetheless, the company projects Q4 volume to be the highest of any quarter this year and continues to expect sequential margin expansion, reflecting strong price\/mix benefits from its strategic focus on more premium, high-value segments of the market.<\/p>\n<p>Furthermore, the company said it will provide an update next week, regarding the comprehensive assessment led by the Strategic and Operational Review Committee of its Board of Directors. It will host a public call on Wednesday, Nov. 15, at 8:30 a.m. EST to discuss the committee&#8217;s recommendations to maximize shareholder value creation.<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.investing.com\/news\/stock-market-news\/goodyear-tire-beats-q3-estimates-revenues-miss-432SI-3224142\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a9 Reuters. Goodyear Tire beats Q3 estimates, revenues miss Goodyear Tire (GT) reported its Q3 results, with EPS of $0.36 coming in better than the consensus of $0.19. However, revenues of $5.14 billion missed the consensus estimate of $5.3B. The company anticipates its upcoming Q4 results to be negatively impacted by a fire at its [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":81838,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-81837","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Goodyear Tire beats Q3 estimates, revenues miss | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. Goodyear Tire beats Q3 estimates, revenues miss Goodyear Tire (GT) reported its Q3 results, with EPS of $0.36 coming in better than the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=81837\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Goodyear Tire beats Q3 estimates, revenues miss | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"\u00a9 Reuters. Goodyear Tire beats Q3 estimates, revenues miss Goodyear Tire (GT) reported its Q3 results, with EPS of $0.36 coming in better than the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=81837\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-07T23:22:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-07T23:22:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/11\/LYNXMPEA6T0M7_L.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=81837#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=81837\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Goodyear Tire beats Q3 estimates, revenues miss\",\"datePublished\":\"2023-11-07T23:22:26+00:00\",\"dateModified\":\"2023-11-07T23:22:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=81837\"},\"wordCount\":169,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=81837#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=81837\",\"url\":\"https:\/\/ifintechworld.com\/?p=81837\",\"name\":\"Goodyear Tire beats Q3 estimates, revenues miss | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-11-07T23:22:26+00:00\",\"dateModified\":\"2023-11-07T23:22:29+00:00\",\"description\":\"\u00a9 Reuters. 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