GT earnings call for the period ending September 30, 2019.
News & Analysis: Goodyear Tire & Rubber
Goodyear Tire missed estimates, but some analysts and investors see a bright side.
Shifting trade war tensions helped the tire giant recover some of its recent losses.
Macroeconomic headwinds continue to pound the auto sector.
So far, 2019 has been a rough year for the automotive supplier.
Weak earnings on soft volumes continue what has not been a good year for the company.
The worst-case scenario hanging over the stock seems unlikely to materialize.
The tire maker's stock has been sliding for nearly 18 months now, but the pace quickened last month.
2018 may have been worse than management told us it would be, but the market is pricing Goodyear for even worse.
Increased costs from new global tariffs and higher raw-material prices weighed on operations throughout the year.
Worries over China's slowing economy hit the global tire manufacturer, but falling crude oil prices could provide some much-needed relief.