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Bridgestone (OTCMKTS:BRDCY) Updates FY 2024 Earnings Guidance

Bridgestone logo with Auto/Tires/Trucks background

Bridgestone (OTCMKTS:BRDCY - Get Free Report) issued an update on its FY 2024 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 3.300-3.300 for the period. The company issued revenue guidance of $29.6 billion-$29.6 billion.

Bridgestone Stock Performance

Shares of BRDCY traded up $0.20 during mid-day trading on Monday, hitting $17.70. 253,842 shares of the company's stock were exchanged, compared to its average volume of 124,275. Bridgestone has a fifty-two week low of $17.30 and a fifty-two week high of $23.05. 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 stock's 50-day moving average is $18.73 and its 200-day moving average is $19.88.

Bridgestone (OTCMKTS:BRDCY - Get Free Report) last issued its quarterly earnings results on Friday, August 9th. The company reported $0.53 earnings per share (EPS) for the quarter. The business had revenue of $7.14 billion for the quarter. On average, analysts forecast that Bridgestone will post 2.17 EPS for the current fiscal 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.

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