Goodyear Q1 net loss $249M ($0.86/share) vs year-ago net income $115M; revenue $3.9B
GOODYEAR TIRE & RUBBER CO /OH/
- Net loss $249M, diluted EPS -$0.86; adjusted net loss $112M, adjusted EPS -$0.39.
- Revenue $3.9B, tire unit volumes 34.0M; segment operating income $95M vs $195M a year ago.
- Goodyear Forward delivered $107M in savings; $46M benefit from tariff adjustment (Supreme Court ruling).
- EMEA and Asia Pacific results strengthened; headwinds include weak OE/replacement demand, higher raw material costs.
- Q1 adjusted net loss $112M vs adjusted net loss $11M in prior year quarter.