Goodyear Tire & Rubber Company (GT)
NASDAQ:GT
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Earnings Data
Report Date
Jul 31, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.34Last Year’s EPS
-0.17Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Negative
The call communicated clear operational strengths—notably Goodyear Forward savings, OE share gains and strong Asia Pacific margin expansion—but was dominated by significant near-term financial headwinds: double-digit volume declines, a Q1 non-GAAP EPS loss, a substantial free cash flow use, and material raw-material/inflation exposure tied to geopolitical uncertainty. Management emphasized disciplined price/mix and accelerated cost actions to manage through volatility, but the near-term outlook remains challenging.Company Guidance
Goodyear Forward Delivering Measurable Savings
Goodyear Forward contributed $107 million of segment operating income benefits in Q1 and is expected to deliver approximately $90 million of benefits in Q2, demonstrating continued cost transformation momentum.
OE Market Share Gains
Company grew OEM (OE) market share by ~2 percentage points in the Americas and ~2 points in EMEA; EMEA marked the ninth consecutive quarter of OE share gains, supporting future premium replacement demand.
Asia Pacific Margin and Premium Mix Strength
Asia Pacific segment operating income rose 27% to $57 million (12.5% of sales), expanding margin by 3 percentage points year-over-year. Premium (>18-inch) tires now represent 55% of consumer sales in the region, a 4-point increase YoY, with premium product lines up nearly 30% YoY.
Successful Brand and Product Initiatives
Relaunch of Cooper brand in EMEA exceeded expectations; new U.S. Eagle tire launch and 'Fast Is In US' campaign rolled out — evidence of intentional investment in premium brands and products to improve mix.
Gross Margin and Currency-Adjusted SG&A Improvements
Gross margin improved by 0.5 percentage point in Q1. Excluding currency effects, SG&A decreased by $10 million, indicating operational cost control beneath FX volatility.
Debt Reduction and Import Trends
Net debt declined by almost $900 million year-over-year following year-end debt repayment. Nonmember tire imports into North America fell ~7% in Q1, a constructive trend for domestic pricing and competition dynamics.
GT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $7.30 | $6.86 | -6.03% |
Feb 09, 2026 | $10.52 | $9.10 | -13.50% |
Oct 31, 2025 | $6.89 | $6.89 | 0.00% |
Aug 07, 2025 | $10.26 | $8.36 | -18.52% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Goodyear Tire & Rubber Company (GT) report earnings?
Goodyear Tire & Rubber Company (GT) is schdueled to report earning on Jul 31, 2026, Before Open (Confirmed).
What is Goodyear Tire & Rubber Company (GT) earnings time?
Goodyear Tire & Rubber Company (GT) earnings time is at Jul 31, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GT EPS forecast?
GT EPS forecast for the fiscal quarter 2026 (Q2) is -0.34.
