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The Goodyear Tire and Rubber Company  (GT)
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    Sector  Consumer Discretionary    Industry Tires
   Industry Tires
   Sector  Consumer Discretionary
 


Very decent achievement by The Goodyear Tire And Rubber Company in the April to June 30 2022 period

The Goodyear Tire And Rubber Company reported second quarter of 2022 operating surplus of $297 millions

Published 2022-08-07T20:19:27-04:00
Goran Soko / CSIMarket.com Contributer

Dodge_La_Femme_By_English_CZmarlin_Christopher_Ziemnowicz,_Wikipedia._(Own_work)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons company's financial period ending June 30 2022 net profit per share improved significantly by 114.81 % to $0.58 per share relative to a year before on growing Revenue of 30.988 % to $5.21 billions.

In the previous financial reporting period Tires company realized Revenue of $4.91 billions and $0.33 per share.


Bottom-line of $170.000 millions in the April to June 30 2022 span increased by 139.44 % from net earnings of $71.000 millions reported in the April to June 30 2022 span a year ago. The Goodyear Tire And Rubber Company also emphasized it's improving profit margins, where net margin rose to 3.26% in April to June 30 2022 span, and operating margin edged up to 5.7%.
Operating earnings, on the other hand, improved just 32% to $297 millions.

The Goodyear Tire And Rubber Company is expected to report next financial earnings on November 04, 2022.


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Other GT's Earnings Reports

The Goodyear Tire And Rubber reported third quarter 2022 earnings

The Goodyear Tire And Rubber reported second quarter 2021 earnings

The Goodyear Tire And Rubber reported fourth quarter 2021 earnings

       
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