Goodyear Tire beats by $0.10, misses on revs
Reports Q1 (Mar) earnings of $0.54 per share, excluding non-recurring items, $0.10 better than the Capital IQ Consensus Estimate of $0.44; revenues fell 10.0% year/year to $4.02 bln vs the $4.09 bln consensus.
- Company reaffirms the following guidance: Segment Operating Income growth of between 10 percent and 15 percent per year; Annual positive Free Cash Flow from Operations and, An Adjusted Debt to EBITDAP ratio of 2.0x to 2.1x.