The Goodyear Tire & Rubber Company GT today reported fourth quarter and full-year 2010 results with quarterly segment operating income of $224 million driving full-year segment operating income of more than $900 million.
Goodyear's fourth quarter 2010 sales were $5.1 billion, up 14 percent from the 2009 quarter. Tire unit volumes totaled 45 million, up 4 percent from 2009.
Goodyear's fourth quarter 2010 net loss was $177 million (73 cents per share), compared with net income of $107 million (44 cents per share) in the 2009 quarter. All per share amounts are diluted.
EPS Excluding ex-items $0.14(may not compare to estimates of -$0.07)
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