Bridgestone (OTCMKTS:BRDCY) Posts Quarterly Earnings Results, Beats Expectations By $0.03 EPS

Bridgestone (OTCMKTS:BRDCY) issued its earnings results on Thursday. The company reported $0.23 earnings per share for the quarter, beating 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 Price Performance

Shares of OTCMKTS BRDCY traded down $0.18 during midday trading on Friday, hitting $10.65. The company had a trading volume of 212,140 shares, compared to its average volume of 253,343. The company has a quick ratio of 1.76, a current ratio of 2.55 and a debt-to-equity ratio of 0.18. Bridgestone has a twelve month low of $9.80 and a twelve month high of $12.55. The business has a 50-day simple moving average of $10.49 and a two-hundred day simple moving average of $15.36. The firm has a market capitalization of $28.41 billion, a price-to-earnings ratio of 15.66, a price-to-earnings-growth ratio of 1.05 and a beta of 0.55.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. 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 report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, 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.