Morgan Stanley analyst Javier Martinez de Olcoz Cerdan tells investors in a research note that the firm expects a positive share price reaction for Goodyear Tire (GT) following an 8% beat versus consensus driven by margin outperformance in EMEA and APAC, alongside a 35% free cash flow beat, while Q1 is off to a good start. Portfolio optimization is complete, with net debt down approximately $1.6B year over year, highlighting continued deleveraging progress, the firm says.
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