Goodyear Tire & Rubber

Goodyear reported Q2 revenue of $4.3 billion (expectation $4.12 billion) and an adjusted loss per share of $0.61, in line with estimates. The stock fell 3.6% after-hours to $6.69 as investors focused on ongoing losses, expected cash burn and a cautious 2026 outlook. The company confirmed an operating segment result of about $600 million for 2026, plans to close the Fayetteville plant and expects a free cash flow outflow of $200–300 million in 2026. Goodyear also plans to issue roughly $1 billion of senior notes to refinance 2027 maturities and sees slight improvements in volume and mix in the second half of the year. » Plus sur de.investing.com

Goodyear shares fell to a 52-week low of $6.13, down about 43.9% year‑on‑year and 25.7% year‑to‑date. Market capitalization is roughly $1.77 billion, with the stock pressured by worries over a gross profit margin of 18.6% and industry and market volatility. For Q1 2026, Goodyear reported EPS of -$0.39 (better than the expected -$0.42) and revenue of $3.88 billion (above forecasts); nonetheless company and market issues led to share declines. Deutsche Bank cut its recommendation to hold and lowered the price target from $9 to $7, citing rising commodity cost pressure and limited ability to pass on costs. » Plus sur de.investing.com

Goodyear reported Q1 sales of $3.9 billion and segment operating income of $95 million, with unit volumes down 12% as Americas consumer and commercial demand declined while EMEA and Asia Pacific showed margin improvements. The company generated $107 million of savings from its Goodyear Forward program but said higher raw-material costs from the Middle East conflict add roughly $200 million headwind in the second half and about $300 million versus prior forecasts. Management expects sequential volume improvement in Q2, reduced 2026 capex to $725 million and will accelerate restructuring and portfolio rationalization to restore margins and protect cash flow. Free cash flow was negative in Q1 due to seasonality, net debt fell year‑over‑year, and further cost and pricing actions are planned amid demand and commodity volatility. » Plus sur finance.yahoo.com