Overview
* Goodyear Q2 2025 net sales of $4.5 bln beat analyst expectations
* Adjusted EPS for Q2 2025 missed analyst estimates, recording a loss of $0.17
* Adjusted net income for Q2 2025 missed expectations, with a loss of $48 mln
Outlook
* Goodyear expects market conditions to stabilize in coming quarters
* Company aims to exceed Goodyear Forward cost savings and asset sale goals
* Goodyear anticipates completing chemical business sale by late 2025
* Company plans to use chemical sale proceeds to reduce leverage
Result Drivers
* GOODYEAR FORWARD BENEFITS - Company achieved $195 mln in segment operating income benefits from Goodyear Forward plan
* RAW MATERIAL COSTS - Higher raw material costs led to a $152 mln decline in segment operating income after adjusting for the sale of the OTR tire business
* INDUSTRY DISRUPTION - CEO Mark Stewart cites industry disruption from global trade shifts and low-cost imports impacting consumer and commercial businesses
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 Sales Beat $4.50 $4.42
bln bln (7
Analysts
)
Q2 Miss -$0.17 $0.07 (7
Adjusted Analysts
EPS )
Q2 Miss -$48 mln $5.17
Adjusted mln (4
Net Analysts
Income )
Q2 Net $254 mln
Income
Q2 $159 mln
Segment
Operatin
g Income
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the tires & rubber products peer group is "buy"
* Wall Street's median 12-month price target for Goodyear Tire & Rubber Co ( GT ) is $15.00, about 33.7% above its August 6 closing price of $9.94
* The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 7 three months ago
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)