Goodyear: lacklustre second quarter.
(CercleFinance.com) - Goodyear reports at midday this Friday earnings per share (EPS) of 58 cents for the second quarter of its financial year, representing a fall of 17 cents year-on-year.
On an adjusted basis, the American tyre behemoth's EPS went up to 70 cents in line with analysts' average estimates.
Turnover has also declined, going from 3.88 billion dollars in the April-June 2016 period to 3.69 billion. In this case, consensus was more optimistic, banking on a decline to around 3.73 billion dollars.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
On an adjusted basis, the American tyre behemoth's EPS went up to 70 cents in line with analysts' average estimates.
Turnover has also declined, going from 3.88 billion dollars in the April-June 2016 period to 3.69 billion. In this case, consensus was more optimistic, banking on a decline to around 3.73 billion dollars.
Copyright (c) 2017 CercleFinance.com. All rights reserved.