Goodyear Tire & Rubber Co (GT) Earnings Report Preview For Tuesday's Release
Goodyear Tire & Rubber (NYSE:GT) is expected to report last fiscal quarter's results before the opening bell on February 14, 2012. Let's review how Goodyear Tire & Rubber /oh/ has performed in recent quarters.
Who They Are:
The Goodyear Tire & Rubber Company engages in the development, manufacture, distribution, and sale of tires, and related products and services to consumer and commercial customers worldwide. The company was founded in 1898 and is headquartered in Akron, Ohio. Goodyear Tire trades an average of 4.9 million shares per day and has a marketcap of $3.4 Billion.
52 Week High: $18.83
52 Week Low: $8.53
Book Value: $6.14
Float Short: 4.55%
What To Expect:
On average, analysts are expecting a drop of $-0.46 in earnings per share compared to last quarter's results of $0.72. A surprise above $0.26 per share will top the estimated per share earnings.
Wall Street is expecting results within $0.21 and $0.30 per share.
Here is a look at the fiscal year revenue for Goodyear Tire & Rubber /oh/. 
Recent Stock and Valuation Performance:
The P/E ratio has been under pressure, as the current trailing twelve months P/E ratio is 7.5, while the forward P/E ratio is now 5.83. A falling PE ratio may signal a bargain for astute investors, or maybe time to move on.
From a month ago, the stock has increased in price 1.23%, with a one year change of 7.81%.
When comparing to the S&P 500, the year to date difference is -8.28%.
Investors have been rewarded with an increase of year-over-year revenue. Revenue reported was $18.83 billion for 2010 vs. $16.30 billion for 2009. The bottom line has rising earnings year-over-year of $-216.00 million for 2010 vs. $-375.00 million for 2009.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $510.00 million for 2010 vs. $-6.00 million for 2009. Rising revenue along with rising earnings is a very good sign and what we want to see with our companies. Be sure to check the margins in the earnings release to make sure the bottom line is keeping up with the top line.
Here is the last few quarters to get an idea how well they perform compared to estimates 
Reported earnings per share compared to the mean estimate. Differences are rounded.
Paid2Trade uses information believed to be correct, but is not guaranteed and is not independently checked for accuracy You may wish to use this article as a starting point of your own research with your financial planner. Seeking Alpha, Edgar Online, Zacks and Yahoo Finance provides most of the data. paid2trade.com uses the confirmed symbols from earnings.com that believed to be of the most interest.
