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Revenue: US$4.82b (down 6.2% from 3Q 2023).
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Net loss: US$34.0m (loss narrowed by 62% from 3Q 2023).
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US$0.12 loss per share (improved from US$0.31 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) was also behind analyst expectations.
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 9.3% growth forecast for the Auto Components industry in the US.
Performance of the American Auto Components industry.
The company’s shares are up 9.5% from a week ago.
Before you take the next step you should know about the 1 warning sign for Goodyear Tire & Rubber that we have uncovered.
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