Bridgestone (OTCMKTS:BRDCY) Releases FY 2024 Earnings Guidance

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

Bridgestone Trading Down 2.4 %

Shares of OTCMKTS BRDCY traded down $0.43 during midday trading on Thursday, reaching $17.24. 2,618,089 shares of the company’s stock were exchanged, compared to its average volume of 145,155. The company has a quick ratio of 1.56, a current ratio of 2.39 and a debt-to-equity ratio of 0.14. The business’s fifty day moving average price is $18.64 and its two-hundred day moving average price is $19.81. Bridgestone has a 52-week low of $17.03 and a 52-week high of $23.05.

Bridgestone (OTCMKTS:BRDCY) last released its quarterly earnings data on Monday, November 11th. The company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.14). The company had revenue of $7.34 billion for the quarter. Sell-side analysts forecast that Bridgestone will post 2.41 EPS for the current year.

About Bridgestone

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.