Goodyear Q2 net income $85M vs loss $208M YoY; segment operating income up $215M

GOODYEAR TIRE & RUBBER CO /OH/

2024-Q2 EPS reported $0.10 revenue$9,107,000,000

Net income $85M ($0.30 diluted EPS) vs net loss $208M ($0.73 loss) a year ago.
Segment operating income $339M, up $215M YoY; Americas SOI $241M, Asia Pacific $63M.
Goodyear Forward transformation contributed $90M; company secured definitive agreement to sell Off-the-Road business.
Adjusted EPS $0.19 (diluted) vs adjusted loss of $0.34 a year ago.

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