Goodyear reported Q1 adjusted loss of $0.39 per share, beating consensus of $0.42.
Revenue reached $3.88 billion, topping the $3.81 billion estimate but down 8.7% YoY from $4.25 billion last year.
Operating income dropped to $95 million from $195 million, hit by $163 million inflation costs and $159 million volume loss.
Americas income fell to $37 million (down 76%) with 17% volume drop; EMEA posted $1 million profit; Asia income rose to $57 million, margin 12.5%.