Goodyear (GT) Earnings Preview

Posted: October 29, 2007 at 2:20 pm

Goodyear (GT) shares are up 30% this year to just over $27. The company reports Q3 earnings tomorrow.

Goodyear said in August that it completed the sale of nearly all of its engineered products business for $1.48 billion.

The company has lowered costs by setting up manufacturing in Eastern Europe and Asia.

Analysts polled by Thomson Financial expect a profit of 53 cents per share on $4.92 billion in revenue.

Douglas A. McIntyre

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