Bridgestone (OTCMKTS:BRDCY) Announces Earnings Results

Bridgestone (OTCMKTS:BRDCY) announced its earnings results on Thursday. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.03, Zacks reports. The firm had revenue of $7.04 billion during the quarter, compared to analysts’ expectations of $6.87 billion. Bridgestone updated its FY 2026 guidance to 0.860-0.860 EPS.

Bridgestone Stock Performance

Shares of OTCMKTS:BRDCY traded down $0.15 during mid-day trading on Friday, reaching $10.69. 139,679 shares of the company traded hands, compared to its average volume of 298,338. The company’s 50 day moving average price is $10.50 and its 200-day moving average price is $15.39. The firm has a market cap of $28.51 billion, a PE ratio of 15.71, a PEG ratio of 1.01 and a beta of 0.55. Bridgestone has a 52 week low of $9.80 and a 52 week high of $12.55. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.55 and a quick ratio of 1.76.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on BRDCY. Smbc Nikko Sec. downgraded shares of Bridgestone from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 11th. Zacks Research downgraded shares of Bridgestone from a “hold” rating to a “strong sell” rating in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

About Bridgestone

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.