The Goodyear Tire & Rubber Profit Rises 55% In Q4

(RTTNews) - The Goodyear Tire & Rubber (GT) revealed earnings for its fourth quarter that rose from last year.

The company said its bottom line totaled $257 million, or $0.93 per share. This was higher than $166 million, or $0.59 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.75 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 6.9% to $4.06 billion. This was down from $4.36 billion last year.

The Goodyear Tire & Rubber earnings at a glance:

-Earnings (Q4): $257 Mln. vs. $166 Mln. last year. -Earnings Growth (Y-o-Y): 54.8% -EPS (Q4): $0.93 vs. $0.59 last year. -EPS Growth (Y-o-Y): 57.6% -Analysts Estimate: $0.75 -Revenue (Q4): $4.06 Bln vs. $4.36 Bln last year. -Revenue Change (Y-o-Y): -6.9%