Goodyear: Q4 misses consensus
(CercleFinance.com) - Goodyear has reported Q4 2018 adjusted net income that has been halved to 120 million dollars, representing EPS of 51 cents, i.
e. 14 cents below the consensus.
The tyre maker reported quarterly revenues of 3.9 billion dollars, down 5%, due to a negative FX factors and lower volumes, despite a better product mix and pricing.
Over FY 2018, the Akron, Ohio-based group reported adjusted net income of 555 million dollars, or 2.32 dollars per share, for revenue that inched up 1% to 15.5 billion dollars.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
e. 14 cents below the consensus.
The tyre maker reported quarterly revenues of 3.9 billion dollars, down 5%, due to a negative FX factors and lower volumes, despite a better product mix and pricing.
Over FY 2018, the Akron, Ohio-based group reported adjusted net income of 555 million dollars, or 2.32 dollars per share, for revenue that inched up 1% to 15.5 billion dollars.
Copyright (c) 2019 CercleFinance.com. All rights reserved.