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Jun 30, 2024
Goodyear Q2 2024 Earnings Report
Goodyear's Q2 2024 earnings reflected a net income of $85 million and adjusted EPS of $0.19, driven by margin expansion and progress on the Goodyear Forward plan.
Key Takeaways
Goodyear reported second quarter 2024 sales of $4.6 billion with net income of $85 million, or $0.30 per share, and adjusted earnings per share of $0.19. The company's performance was driven by segment operating income, which increased by $215 million compared to the second quarter of 2023, and the Goodyear Forward transformation plan.
Goodyear's second quarter 2024 sales were $4.6 billion with tire unit volumes totaling 40.1 million.
Goodyear net income was $85 million (30 cents per share).
Adjusted earnings per share was $0.19.
Segment operating income was $339 million, up $215 million compared to the second quarter of 2023.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Goodyear is confident in its ability to deliver Goodyear Forward and 10% segment operating income margin by the end of next year.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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