Goodyear Tire & Rubber will announce it's last quarter's results tomorrow. Over the current book year the total revenue will be 12,62 billion USD (consensus estimates). This is hugely lower than 2019's revenue of 14,75 billion USD.
The analysts expect for 2020 a net loss of 677 million USD. For this year the consensus of Goodyear Tire & Rubber's result per share is a loss of 1,82 USD. The price/earnings-ratio is then -5,47.
Despite the expected loss the company will probably pay a dividend. Per share the analysts are expecting a dividend of 0,21 cents per share. The dividend yield is then 2,11 percent. The average dividend yield of the automobile producers equals a poor 0,43 percent.
Goodyear Tire & Rubber's market capitalization is based on the number of outstanding shares around 2,31 billion USD. The Goodyear Tire & Rubber stock was the past 12 months quite volatile. Since last October the stock is 35 percent lower. This year the stock price moved between 4 and 17 dollar.
Click here for dividend Goodyear Tire & Rubber. On Monday the stock closed at 9,95 USD.
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