Bridgestone (OTCMKTS:BRDCY) Releases Earnings Results, Misses Estimates By $0.14 EPS

Bridgestone (OTCMKTS:BRDCY) announced its quarterly earnings data on Monday. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.14), Zacks reports. The firm had revenue of $7.34 billion during the quarter. Bridgestone updated its FY 2024 guidance to 3.300-3.300 EPS.

Bridgestone Trading Down 0.2 %

Shares of OTCMKTS:BRDCY traded down $0.03 on Wednesday, reaching $17.67. 2,207,144 shares of the company traded hands, compared to its average volume of 292,153. The business’s 50-day simple moving average is $18.67 and its 200 day simple moving average is $19.82. Bridgestone has a 52 week low of $17.03 and a 52 week high of $23.05. The company has a quick ratio of 1.56, a current ratio of 2.39 and a debt-to-equity ratio of 0.14.

Bridgestone Company Profile

Bridgestone Corporation, together with its subsidiaries, manufactures and sells tires and rubber products. The company offers tires and tire tubes for passenger cars, trucks, buses, construction and off-road mining vehicles, industrial and agricultural machinery, aircraft, motorcycles, scooters, and other vehicles; automotive parts; automotive maintenance and repair services; and raw materials for tires and other products.