Goodyear beats 1Q profit forecasts

April 29, 2015 2:57 PM

63 0

The Goodyear Tire & Rubber Co. (GT) on Wednesday reported first-quarter net income of $224 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Akron, Ohio-based company said it had net income of 82 cents. Earnings, adjusted for non-recurring gains, came to 54 cents per share.

Also read: U.S. home prices for April rise slower than expected

Read more

To category page