Goodyear Tire Says Tariffs 'Have Overshadowed Our Success': Here's How Much Trump's Fees Cost Them
1. Goodyear reported a loss of 17 cents per share, missing analyst expectations. 2. Revenue of $4.46 billion fell short of forecasts, indicating ongoing struggles. 3. Tariffs are a significant concern, impacting costs by around $350 million annually. 4. Company leadership is optimistic about stabilizing conditions in future quarters. 5. Stock price dropped 17% following the earnings report, exacerbating year-to-date losses.