BUZZ-Goodyear Tire & Rubber gains after strong Q4 results
ReutersFeb 14, 2025 4:15 PM
Shares of Goodyear Tire & Rubber GT.O rise ~18% to $9.64 following the company's quarterly results that beat analyst expectations
GT is on track for biggest daily pct rise since May 2023 and highest close since mid-Dec last year
Co reported after close on Thurs EPS of 39 cents vs street estimate of 31 cents as well as 3.3% rise in rev to $4.95 bln vs street estimate of $4.87 bln, per LSEG data
Among 10 analysts that cover GT, avg rating is "HOLD" and median PT is $10.10, down from $12.20 in Nov
GT is up ~7% YTD with today's move vs ~37% decline in 2024
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