Bridgestone (OTCMKTS:BRDCY) Announces Quarterly Earnings Results

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

Bridgestone Stock Performance

Shares of OTCMKTS BRDCY traded down $0.03 during trading on Wednesday, hitting $17.67. The stock had a trading volume of 2,207,144 shares, compared to its average volume of 292,153. The firm has a fifty day moving average of $18.67 and a two-hundred day moving average of $19.82. 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 12 month low of $17.03 and a 12 month high of $23.05.

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.