Bridgestone (OTCMKTS:BRDCY) Announces Quarterly Earnings Results

Bridgestone (OTCMKTS:BRDCY) issued its quarterly earnings data on Monday. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.14), Zacks reports. The business had revenue of $7.34 billion for the quarter. Bridgestone updated its FY 2024 guidance to 3.300-3.300 EPS.

Bridgestone Price Performance

BRDCY traded down $0.03 on Wednesday, hitting $17.67. The company had a trading volume of 2,207,144 shares, compared to its average volume of 292,153. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.56 and a current ratio of 2.39. Bridgestone has a 52-week low of $17.03 and a 52-week high of $23.05. The stock has a fifty day simple moving average of $18.67 and a 200-day simple moving average of $19.82.

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.