Benzinga | Jul 31, 2020 07:49AM EDT

Goodyear Tire & Rubber Q2 Adj. EPS $(1.87) Beats $(2.07) Estimate, Sales $2.14B Beat $1.87B Estimate

Goodyear Tire & Rubber (NASDAQ:GT) reported quarterly losses of $(1.87) per share which beat the analyst consensus estimate of $(2.07) by 9.66 percent. This is a 848 percent decrease over earnings of $0.25 per share from the same period last year. The company reported quarterly sales of $2.14 billion which beat the analyst consensus estimate of $1.87 billion by 14.65 percent. This is a 40.97 percent decrease over sales of $3.63 billion the same period last year.