Bridgestone (OTCMKTS:BRDCY) Updates FY 2024 Earnings Guidance

Bridgestone (OTCMKTS:BRDCYGet Free Report) updated its FY 2024 earnings guidance on Monday. The company provided EPS guidance of 3.300-3.300 for the period. The company issued revenue guidance of $29.6 billion-$29.6 billion.

Bridgestone Stock Up 1.1 %

Shares of Bridgestone stock opened at $17.70 on Tuesday. Bridgestone has a 1-year low of $17.30 and a 1-year high of $23.05. The firm’s 50-day moving average price is $18.73 and its two-hundred day moving average price is $19.88. 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 (OTCMKTS:BRDCYGet Free Report) last issued its quarterly earnings data on Friday, August 9th. The company reported $0.53 earnings per share (EPS) for the quarter. The business had revenue of $7.14 billion during the quarter. On average, sell-side analysts expect that Bridgestone will post 2.17 EPS for the current year.

Bridgestone Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Bridgestone Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bridgestone and related companies with MarketBeat.com's FREE daily email newsletter.