BB-K escribió:Perdonpor el OT
Q2 EPS ex-items 65 cents vs Street View 27 cents
* Revenue $5.6 bln, up 24 percent
* Revenue highest for any quarter in company history (Adds revenue figures, one-time items, costs forecast, details)
DETROIT, July 28 (Reuters) - Goodyear Tire & Rubber Co (GT.N) beat Wall Street profit expectations by a wide margin in the second quarter as sales rose to an all-time high on a strong showing in its home North American market.
Excluding one-time items, earnings were 65 cents per share, far ahead of analysts' average estimate of 27 cents, according to Thomson Reuters I/B/E/S.
Net income rose to $40 million, or 16 cents per share, from $28 million, or 11 cents per share, a year ago.
Sales set a record for any quarter at $5.6 billion, up 24 percent, the Akron, Ohio-based company said.
Improvement on price mix overcame higher raw materials costs, the company said. It said it now expects raw materials costs to rise more than 30 percent for the rest of the year, up from previous projections for increases of 25 percent to 30 percent.
One-time items in the second quarter included 27 cents per share due to "rationalizations, asset write-offs and accelerated depreciation," 22 cents per share on "early partial redemption of 10.5 percent senior notes," 3 cents per share on "discrete tax charges," and 1 cent per share on tornado damage at a plant.
Goodyear also had a one-time gain of 4 cents per share on asset sales. (Reporting by Bernie Woodall; editing by John Wallace)
si el DOW te sube 200 puntos hoy, me retiro del foro.