Bridgestone (BRDCY) Expected to Post Earnings on Friday

Bridgestone (OTCMKTS:BRDCY) will likely be releasing its results after the market closes on Friday, August 7th. Analysts expect Bridgestone to post earnings of $0.2223 per share and revenue of $7.1549 billion for the quarter. Bridgestone has set its FY 2026 guidance at 0.860-0.860 EPS.

Bridgestone (OTCMKTS:BRDCY) last announced its earnings results on Thursday, May 14th. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.20 by $0.03. The company had revenue of $7.04 billion for the quarter, compared to the consensus estimate of $6.87 billion. On average, analysts expect Bridgestone to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Bridgestone Stock Up 0.1%

Bridgestone stock opened at $12.35 on Thursday. The stock has a market cap of $32.95 billion, a P/E ratio of 19.30, a P/E/G ratio of 1.64 and a beta of 0.54. The company has a quick ratio of 1.83, a current ratio of 2.71 and a debt-to-equity ratio of 0.18. Bridgestone has a twelve month low of $9.15 and a twelve month high of $12.76. The company’s 50-day moving average price is $11.10 and its two-hundred day moving average price is $10.98.

Analyst Ratings Changes

BRDCY has been the topic of several research reports. Zacks Research raised Bridgestone from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 9th. The Goldman Sachs Group lowered Bridgestone from a “strong-buy” rating to a “neutral” rating in a research note on Wednesday, June 17th. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Bridgestone currently has an average rating of “Moderate Buy”.

Bridgestone Company Profile

Bridgestone Corporation is a Japanese multinational company principally engaged in the design, manufacture and sale of tires and rubber products. Founded in 1931 by Shojiro Ishibashi and headquartered in Tokyo, the company has grown into one of the world’s largest tire manufacturers, offering products for a broad range of vehicles and applications.

The company’s core offerings include tires for passenger cars, motorcycles, commercial trucks and buses, agricultural and off?the?road equipment, and aircraft.