Bridgestone (BRDCY) to Release Earnings on Friday

Bridgestone (OTCMKTS:BRDCY) is expected to release its results after the market closes on Friday, August 7th. Analysts expect Bridgestone to announce earnings of $0.2223 per share and revenue of $7.1549 billion for the quarter. Bridgestone has set its FY 2026 guidance at 0.860-0.860 EPS.

Bridgestone (OTCMKTS:BRDCY) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.03. The firm had revenue of $7.04 billion for the quarter, compared to the consensus estimate of $6.87 billion. On average, analysts expect Bridgestone to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Bridgestone Stock Down 0.0%

Shares of OTCMKTS BRDCY opened at $12.34 on Wednesday. The firm has a market capitalization of $32.93 billion, a PE ratio of 19.28, a price-to-earnings-growth ratio of 1.64 and a beta of 0.54. The company has a current ratio of 2.71, a quick ratio of 1.83 and a debt-to-equity ratio of 0.18. Bridgestone has a 1 year low of $9.15 and a 1 year high of $12.76. The firm’s 50-day moving average is $11.06 and its 200-day moving average is $10.97.

Analysts Set New Price Targets

Several equities analysts recently weighed in on BRDCY shares. Zacks Research upgraded shares of Bridgestone from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 9th. The Goldman Sachs Group lowered shares of Bridgestone from a “strong-buy” rating to a “neutral” rating in a report on Wednesday, June 17th. One investment analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

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.