Goodyear Announces Q3 2024 Results, Increases Goodyear Forward Targets

PR Newswire05:43

Third quarter Goodyear net loss of $34 million (12 cents per share); adjusted net income of $105 million (37 cents per share) Segment operating income of $347 million; SOI margin of 7.2%, up ~70 bps ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2481187563?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/ayQ4yGlgPHY548UIr3tkVg--~B/aD03Mzt3PTQwMDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/prnewswire.com/5ef6c9f32401bcf7f980954cc9da3636","is_english":true,"pubTime":"2024-11-05 05:43","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2481187563","market":"us","top_or_hot":-1,"title":"Goodyear Announces Q3 2024 Results, Increases Goodyear Forward Targets","media":"PR Newswire","content":"<div>\n<p>Third quarter Goodyear net loss of $34 million (12 cents per share); adjusted net income of $105 million (37 cents per share)\nSegment operating income of $347 million; SOI margin of 7.2%, up ~70 bps ...</p>\n\n<a href=\"https://finance.yahoo.com/news/goodyear-announces-q3-2024-results-214300007.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goodyear Announces Q3 2024 Results, Increases Goodyear Forward Targets</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoodyear Announces Q3 2024 Results, Increases Goodyear Forward Targets\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-05 05:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/goodyear-announces-q3-2024-results-214300007.html><strong>PR Newswire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Third quarter Goodyear net loss of $34 million (12 cents per share); adjusted net income of $105 million (37 cents per share)\nSegment operating income of $347 million; SOI margin of 7.2%, up ~70 bps ...</p>\n\n<a href=\"https://finance.yahoo.com/news/goodyear-announces-q3-2024-results-214300007.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4202","symbol_name":"服装、服饰与奢侈品","start_time":0,"source_url":"https://finance.yahoo.com/news/goodyear-announces-q3-2024-results-214300007.html","article_id":"2481187563","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/ayQ4yGlgPHY548UIr3tkVg--~B/aD03Mzt3PTQwMDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/prnewswire.com/5ef6c9f32401bcf7f980954cc9da3636"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/goodyear-announces-q3-2024-results-214300007.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2481187563","pubTimestamp":1730756580,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Third quarter Goodyear net loss of $34 million ; adjusted net income of $105 million . Segment operating income of $347 million; SOI margin of 7.2%, up ~70 bps YoY. Fourth consecutive quarter of SOI margin expansion; TTM up ~300 bps YoY. Americas segment operating income of $251 million, SOI margin of 8.8%. Asia Pacific segment operating income of $72 million, SOI margin of 11.7%. Goodyear Forward targets increased, portfolio optimization in progress. Goodyear's third quarter 2024 sales were $4.8 billion, with tire unit volumes totaling 42.5 million. Third quarter 2024 Goodyear net loss was $34 million  compared to a Goodyear net loss of $89 million  a year ago.The third quarter of 2024 included several significant items including, on a pre-tax basis, an intangible asset impairment of $125 million, Goodyear Forward costs of $25 million and rationalization charges of $11 million. The third quarter of 2023 includ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4202":"服装、服饰与奢侈品","FORD":"福沃德工业","BK4585":"ETF&股票定投概念","GT":"固特异轮胎橡胶公司","BK4119":"轮胎与橡胶","BK4588":"碎股"},"translate_title":"固特异公布2024年第三季度业绩，提高固特异远期目标","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FORD":1,"GT":1},"content_text":"Third quarter Goodyear net loss of $34 million (12 cents per share); adjusted net income of $105 million (37 cents per share)\nSegment operating income of $347 million; SOI margin of 7.2%, up ~70 bps YoY\nFourth consecutive quarter of SOI margin expansion; TTM up ~300 bps YoY\nAmericas segment operating income of $251 million, SOI margin of 8.8%\nAsia Pacific segment operating income of $72 million, SOI margin of 11.7%\nGoodyear Forward targets increased, portfolio optimization in progress\nAKRON, Ohio, Nov. 4, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) reported third quarter 2024 results today and the company will host an investor call tomorrow morning at 8:30 a.m. eastern time led by Mark Stewart, Goodyear's chief executive officer and president, and Christina Zamarro, the company's executive vice president and chief financial officer. The management team will share insights on third quarter performance and progress on the Goodyear Forward transformation plan.\n\n  \n\n\"As a result of the consistent and strong execution of our Goodyear Forward transformation plan, we successfully achieved four consecutive quarters of segment operating margin expansion. These tangible results are not only a testament to the talent of our team, but also to the strong foundation of Goodyear,\" said Chief Executive Officer and President Mark Stewart.  \"Throughout the company, we are delivering solid results. Due to the strong momentum underway, we are increasing our target for gross run-rate gains from Goodyear Forward to $1.5 billion by the end of 2025.\"\n\"This increase will enable us to realize significant year-over-year earnings benefits in both 2024 and 2025 from the program,\" continued Stewart. \"We have raised our guidance for 2024 Goodyear Forward gross benefits to $450 million and we continue to expect an additional $750 million of year-over-year gross benefits in 2025. We remain confident we will achieve our 10% SOI margin and 2.0x – 2.5x leverage targets in the fourth quarter of next year.\"\nThe Goodyear Forward transformation plan was announced in November 2023 to create a more profitable enterprise and drive shareholder value creation. Run rate cost reduction and top line benefits have been increased by $200 million above the original $1.3 billion target. The company continues to expect to realize gross proceeds in excess of $2 billion from portfolio optimization and reaffirms its commitment to net leverage of 2.0x – 2.5x by the end of 2025.\nGoodyear's third quarter 2024 sales were $4.8 billion, with tire unit volumes totaling 42.5 million. Third quarter 2024 Goodyear net loss was $34 million (12 cents per share) compared to a Goodyear net loss of $89 million (31 cents per share) a year ago. The third quarter of 2024 included several significant items including, on a pre-tax basis, an intangible asset impairment of $125 million, Goodyear Forward costs of $25 million and rationalization charges of $11 million. The third quarter of 2023 included pre-tax rationalization charges of $198 million. The intangible asset impairment includes a significant reduction in the carrying value of the company's tier three Mastercraft and Roadmaster brands given lower volume as a result of increased competition in opening price points in the U.S. market and plans under Goodyear Forward to increase overall profitability. Goodyear Forward costs are comprised of advisory, legal and consulting fees and costs associated with planned asset sales.\nThird quarter 2024 adjusted net income was $105 million compared to adjusted net income of $104 million in the prior year's quarter. Adjusted earnings per share was $0.37, compared to $0.36 in the prior year's quarter. Per share amounts are diluted.\nThe company reported segment operating income of $347 million in the third quarter of 2024, up $11 million from a year ago. The increase in segment operating income reflects benefits of $123 million from the Goodyear Forward transformation plan and $17 million from insurance proceeds, net of current year expenses, primarily related to storm damage in prior years. These were partly offset by the impact of lower tire volume of $74 million and inflation of $53 million.\nAdditional earnings materials can be found on Goodyear's investor relations website at http://investor.goodyear.com.\nYear-to-Date Results\nGoodyear's sales for the first nine months of 2024 were $13.9 billion with tire unit volumes totaling 123.0 million. First nine months 2024 Goodyear net loss was $6 million (2 cents per share) compared to a Goodyear net loss of $398 million ($1.40 per share) a year ago. The year over year improvement was driven by increases in segment operating income. The first nine months of 2024 also included several significant items including, on a pre-tax basis, an intangible asset impairment of $125 million, Goodyear Forward costs of $92 million, rationalization charges of $52 million, and a benefit of $87 million from asset and other sales. The first nine months of 2023 included, on a pre-tax basis, rationalization charges of $302 million and a $58 million benefit from asset and other sales.\nFirst nine months 2024 adjusted net income was $189 million compared to an adjusted net loss of $75 million in the prior year. Adjusted earnings per share was $0.66, compared to a loss of $0.26 in the prior year.\nThe company reported segment operating income of $933 million for the first nine months of 2024, up $348 million from a year ago. The increase in segment operating income reflects benefits of $285 million from the Goodyear Forward transformation plan, $235 million from net price/mix versus raw material costs, $69 million from insurance proceeds, net of current year expenses, and $55 million from the 2023 negative impact of the Tupelo storm. These were partially offset by lower tire volume of $143 million and a net headwind of $116 million from inflationary costs.\nFirst nine months 2024 total cash flows from operating activities was a use of $591 million compared with a use of $204 million in the first nine months of 2023.\nReconciliation of Non-GAAP Financial Measures\nSee \"Non-GAAP Financial Measures\" and \"Financial Tables\" for further explanation and reconciliation tables for historical Total Segment Operating Income and Margin; Adjusted Net Income (Loss); and Adjusted Diluted Earnings per Share, reflecting the impact of certain significant items on the 2024 and 2023 periods.\nBusiness Segment Results\nAMERICAS                 \n\n\n\n\n\nThird Quarter \n\nNine Months \n\n\n(In millions) \n2024 \n\n2023 \n\n2024 \n\n2023 \n\n\nTire Units \n21.0 \n\n22.9 \n\n59.6 \n\n64.2 \n\n\nNet Sales \n$2,858 \n\n$3,120 \n\n$8,143 \n\n$8,926 \n\n\nSegment Operating Income   \n251 \n\n258 \n\n671 \n\n440 \n\n\nSegment Operating Margin \n8.8 % \n\n8.3 % \n\n8.2 % \n\n4.9 % \n\n\n\n\nAmericas' third quarter 2024 sales of $2.9 billion were 8.4% lower, driven by declines in replacement volume. Tire unit volume decreased 8.3%. Replacement tire unit volume decreased 11.3%, reflecting industry member declines in the U.S. and actions taken to reduce exposure in the low-end of the market. The U.S. industry non-members, generally representing low-cost imported product, grew significantly in the quarter. Original equipment unit volumes were up 7.9%, reflecting new fitment wins.\nThird quarter 2024 segment operating income of $251 million decreased $7 million from the prior year's quarter. The decrease was driven by lower volume, inflation, and unfavorable price/mix and raw material costs. These headwinds were largely offset by Goodyear Forward savings and insurance proceeds related to storm damage in prior years.\nEMEA\n\n\n\n\n\nThird Quarter \n\nNine Months \n\n\n(In millions) \n2024 \n\n2023 \n\n2024 \n\n2023 \n\n\nTire Units \n12.2 \n\n12.5 \n\n36.3 \n\n37.5 \n\n\nNet Sales \n$1,348 \n\n$1,374 \n\n$3,974 \n\n$4,207 \n\n\nSegment Operating Income   \n24 \n\n22 \n\n67 \n\n11 \n\n\nSegment Operating Margin \n1.8 % \n\n1.6 % \n\n1.7 % \n\n0.3 % \n\n\n\n\nEMEA's third quarter 2024 sales of $1.3 billion were 1.9% lower, driven by tire volume declines and the negative impact of changes in foreign currency exchange rates, partially offset by favorable price/mix. Tire unit volume decreased 2.9%. Original equipment unit volumes decreased 5.6%, reflecting lower OEM production. Replacement tire unit volume decreased 2.1%, driven by decreased volume in smaller rim sizes. \nThird quarter 2024 segment operating income of $24 million was up $2 million compared to the prior year's quarter. Segment operating income benefitted from the Goodyear Forward plan and favorable net price/mix versus raw material costs. These benefits were partly offset by inflation, other costs, and unfavorable fixed overhead absorption.\nASIA PACIFIC\n\n\n\n\n\nThird Quarter \n\nNine Months \n\n\n(In millions) \n2024 \n\n2023 \n\n2024 \n\n2023 \n\n\nTire Units \n9.3 \n\n9.9 \n\n27.1 \n\n26.2 \n\n\nNet Sales \n$618 \n\n$648 \n\n$1,814 \n\n$1,817 \n\n\nSegment Operating Income   \n72 \n\n56 \n\n195 \n\n134 \n\n\nSegment Operating Margin \n11.7 % \n\n8.6 % \n\n10.7 % \n\n7.4 % \n\n\n\n\nAsia Pacific's third quarter 2024 sales decreased 4.6% to $618 million, driven by lower replacement volume. Tire unit volume decreased 5.4%. Replacement tire unit volume decreased 13.0%, driven by declines in our key markets, including Australia, China and India. Original equipment unit volume increased 3.6%, driven by growth in EV fitments.\nThird quarter 2024 segment operating income of $72 million was up $16 million from prior year driven by benefits from Goodyear Forward, favorable net price/mix versus raw material costs, and lower net inflationary costs. These factors were partly offset by lower volume. \nConference Call\nThe Company will host an investor call on Tuesday, November 5 at 8:30 a.m. ET. Please visit Goodyear's investor relations website: http://investor.goodyear.com, for additional earnings materials.\nParticipating in the conference call will be Mark W. Stewart, chief executive officer and president, and Christina L. Zamarro, executive vice president and chief financial officer.\nThe investor call can be accessed on the website or via telephone by calling either (800) 343-4849 or (203) 518-9848 before 8:25 a.m. and providing the conference ID \"Goodyear.\" A replay will be available by calling (888) 566-0831 or (402) 220-0121. The replay will also be available on the website.\nAbout Goodyear\nGoodyear is one of the world's largest tire companies. It employs about 71,000 people and manufactures its products in 54 facilities in 21 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate.\nForward-Looking Statements\nCertain information contained in this news release constitutes forward-looking statements for purposes of the safe harbor provisions of The Private Securities Litigation Reform Act of 1995. There are a variety of factors, many of which are beyond our control, that affect our operations, performance, business strategy and results and could cause our actual results and experience to differ materially from the assumptions, expectations and objectives expressed in any forward-looking statements. These factors include, but are not limited to: our ability to implement successfully the Goodyear Forward plan and our other strategic initiatives, including the sale of our off-the-road tire business; risks relating to the ability to consummate the sale of our off-the-road tire business on a timely basis or at all, including failure to obtain the required regulatory approvals or to satisfy other conditions to closing; actions and initiatives taken by both current and potential competitors; increases in the prices paid for raw materials and energy; inflationary cost pressures; delays or disruptions in our supply chain or the provision of services to us; a prolonged economic downturn or period of economic uncertainty; deteriorating economic conditions or an inability to access capital markets; a labor strike, work stoppage, labor shortage or other similar event; financial difficulties, work stoppages, labor shortages or supply disruptions at our suppliers or customers; the adequacy of our capital expenditures; changes in tariffs, trade agreements or trade restrictions; foreign currency translation and transaction risks; our failure to comply with a material covenant in our debt obligations; potential adverse consequences of litigation involving the company; as well as the effects of more general factors such as changes in general market, economic or political conditions or in legislation, regulation or public policy. Additional factors are discussed in our filings with the Securities and Exchange Commission, including our annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K. In addition, any forward-looking statements represent our estimates only as of today and should not be relied upon as representing our estimates as of any subsequent date. While we may elect to update forward-looking statements at some point in the future, we specifically disclaim any obligation to do so, even if our estimates change.\nNon-GAAP Financial Measures (unaudited)\nThis news release presents non-GAAP financial measures, including Total Segment Operating Income and Margin, Adjusted Net Income (Loss), and Adjusted Diluted Earnings Per Share (EPS), which are important financial measures for the company but are not financial measures defined by U.S. GAAP, and should not be construed as alternatives to corresponding financial measures presented in accordance with U.S. GAAP.\nTotal Segment Operating Income is the sum of the individual strategic business units' (SBUs') Segment Operating Income as determined in accordance with U.S. GAAP. Total Segment Operating Margin is Total Segment Operating Income divided by Net Sales as determined in accordance with U.S. GAAP. Management believes that Total Segment Operating Income and Margin are useful because they represent the aggregate value of income created by the company's SBUs and exclude items not directly related to the SBUs for performance evaluation purposes. The most directly comparable U.S. GAAP financial measures to Total Segment Operating Income and Margin are Goodyear Net Income (Loss) and Return on Net Sales (which is calculated by dividing Goodyear Net Income (Loss) by Net Sales).\nAdjusted Net Income (Loss) is Goodyear Net Income (Loss) as determined in accordance with U.S. GAAP adjusted for certain significant items. Adjusted Diluted Earnings Per Share (EPS) is the company's Adjusted Net Income (Loss) divided by Weighted Average Shares Outstanding-Diluted as determined in accordance with U.S. GAAP. Management believes that Adjusted Net Income (Loss) and Adjusted Diluted Earnings Per Share (EPS) are useful because they represent how management reviews the operating results of the company excluding the impacts of rationalizations, asset write-offs, accelerated depreciation, impairments, asset sales and certain other significant items.\nIt should be noted that other companies may calculate similarly-titled non-GAAP financial measures differently and, as a result, the measures presented herein may not be comparable to such similarly-titled measures reported by other companies. See the following tables for reconciliations of historical Total Segment Operating Income and Margin, Adjusted Net Income (Loss) and Adjusted Diluted Earnings Per Share to the most directly comparable U.S. GAAP financial measures.\n\n\n\n\nThe Goodyear Tire & Rubber Company and Subsidiaries Financial Tables (Unaudited) Table 1: Consolidated Statement of Operations \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThree Months Ended \n\nNine Months Ended \n\n\n\n\nSeptember 30, \n\nSeptember 30, \n\n\n\n(In millions, except per share amounts) \n2024 \n\n2023 \n\n2024 \n\n2023 \n\n\n\nNet Sales  \n$      4,824 \n\n$        5,142 \n\n$      13,931 \n\n$     14,950 \n\n\n\nCost of Goods Sold \n3,881 \n\n4,171 \n\n11,218 \n\n12,487 \n\n\n\nSelling, Administrative and General Expense \n663 \n\n673 \n\n2,090 \n\n2,045 \n\n\n\nIntangible Asset Impairments  \n125 \n\n— \n\n125 \n\n— \n\n\n\nRationalizations  \n11 \n\n198 \n\n52 \n\n302 \n\n\n\nInterest Expense \n135 \n\n138 \n\n391 \n\n403 \n\n\n\nOther (Income) Expense  \n34 \n\n21 \n\n(8) \n\n82 \n\n\n\nIncome (Loss) before Income Taxes \n(25) \n\n(59) \n\n63 \n\n(369) \n\n\n\nUnited States and Foreign Tax Expense \n9 \n\n25 \n\n75 \n\n22 \n\n\n\nNet Income (Loss) \n(34) \n\n(84) \n\n(12) \n\n(391) \n\n\n\nLess: Minority Shareholders' Net Income (Loss) \n— \n\n5 \n\n(6) \n\n7 \n\n\n\nGoodyear Net Income (Loss) \n$          (34) \n\n$           (89) \n\n$             (6) \n\n$        (398) \n\n\n\nGoodyear Net Income (Loss) — Per Share of Common Stock \n\n\n\n\n\n\n\n\n\n\nBasic \n$        (0.12) \n\n$        (0.31) \n\n$       (0.02) \n\n$       (1.40) \n\n\n\nWeighted Average Shares Outstanding  \n287 \n\n285 \n\n286 \n\n285 \n\n\n\nDiluted \n$        (0.12) \n\n$        (0.31) \n\n$       (0.02) \n\n$       (1.40) \n\n\n\nWeighted Average Shares Outstanding  \n287 \n\n285 \n\n286 \n\n285 \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nTable 2: Consolidated Balance Sheets \n\n\n\n\n\n\n\n\n\nSeptember 30, \n\nDecember 31, \n\n\n(In millions, except share data) \n2024 \n\n2023 \n\n\nAssets: \n\n\n\n\n\nCurrent Assets: \n\n\n\n\n\nCash and Cash Equivalents \n$                            905 \n\n$                             902 \n\n\nAccounts Receivable, less Allowance — $94 ($102 in 2023) \n3,380 \n\n2,731 \n\n\nInventories: \n\n\n\n\n\nRaw Materials \n796 \n\n785 \n\n\nWork in Process \n212 \n\n206 \n\n\nFinished Products \n2,804 \n\n2,707 \n\n\n\n3,812 \n\n3,698 \n\n\nAssets Held for Sale \n495 \n\n— \n\n\nPrepaid Expenses and Other Current Assets \n309 \n\n319 \n\n\nTotal Current Assets \n8,901 \n\n7,650 \n\n\nGoodwill  \n759 \n\n781 \n\n\nIntangible Assets  \n814 \n\n969 \n\n\nDeferred Income Taxes  \n1,662 \n\n1,630 \n\n\nOther Assets  \n1,147 \n\n1,075 \n\n\nOperating Lease Right-of-Use Assets \n981 \n\n985 \n\n\nProperty, Plant and Equipment, less Accumulated Depreciation — $12,515 ($12,472 in 2023) \n8,285 \n\n8,492 \n\n\nTotal Assets \n$                     22,549 \n\n$                      21,582 \n\n\n\n\n\n\n\n\nLiabilities: \n\n\n\n\n\nCurrent Liabilities: \n\n\n\n\n\nAccounts Payable — Trade \n$                        4,050 \n\n$                         4,326 \n\n\nCompensation and Benefits  \n685 \n\n663 \n\n\nOther Current Liabilities \n1,261 \n\n1,165 \n\n\nNotes Payable and Overdrafts  \n587 \n\n344 \n\n\nOperating Lease Liabilities due Within One Year \n202 \n\n200 \n\n\nLong Term Debt and Finance Leases due Within One Year  \n1,013 \n\n449 \n\n\nTotal Current Liabilities \n7,798 \n\n7,147 \n\n\nOperating Lease Liabilities \n829 \n\n825 \n\n\nLong Term Debt and Finance Leases  \n7,428 \n\n6,831 \n\n\nCompensation and Benefits  \n877 \n\n974 \n\n\nDeferred Income Taxes  \n103 \n\n83 \n\n\nOther Long Term Liabilities \n610 \n\n885 \n\n\nTotal Liabilities \n17,645 \n\n16,745 \n\n\nCommitments and Contingent Liabilities  \n\n\n\n\n\nShareholders' Equity: \n\n\n\n\n\nGoodyear Shareholders' Equity: \n\n\n\n\n\nCommon Stock, no par value: \n\n\n\n\n\nAuthorized, 450 million shares, Outstanding shares — 285 million in 2024 (284 million in 2023) \n285 \n\n284 \n\n\nCapital Surplus \n3,152 \n\n3,133 \n\n\nRetained Earnings \n5,080 \n\n5,086 \n\n\nAccumulated Other Comprehensive Loss \n(3,772) \n\n(3,835) \n\n\nGoodyear Shareholders' Equity \n4,745 \n\n4,668 \n\n\nMinority Shareholders' Equity — Nonredeemable \n159 \n\n169 \n\n\nTotal Shareholders' Equity \n4,904 \n\n4,837 \n\n\nTotal Liabilities and Shareholders' Equity \n$                     22,549 \n\n$                      21,582 \n\n\n\n\n\n\n\n\n\n\n\n\n\n\nTable 3: Consolidated Statements of Cash Flows \n\n\n\n\n\n\n\n\n\n\n\n\nNine Months Ended \n\n\n\nSeptember 30, \n\n\n(In millions) \n2024 \n\n2023 \n\n\nCash Flows from Operating Activities: \n\n\n\n\n\nNet Income (Loss) \n$       (12) \n\n$    (391) \n\n\nAdjustments to Reconcile Net Income (Loss) to Cash Flows from Operating Activities: \n\n\n\n\n\nDepreciation and Amortization \n800 \n\n751 \n\n\nAmortization and Write-Off of Debt Issuance Costs \n10 \n\n11 \n\n\nIntangible Asset Impairment \n125 \n\n— \n\n\nProvision for Deferred Income Taxes  \n(37) \n\n(138) \n\n\nNet Pension Curtailments and Settlements \n(5) \n\n40 \n\n\nNet Rationalization Charges  \n52 \n\n302 \n\n\nRationalization Payments \n(149) \n\n(72) \n\n\nNet (Gains) Losses on Asset Sales  \n(95) \n\n(68) \n\n\nGain on Insurance Recoveries for Damaged Property, Plant and Equipment \n(61) \n\n— \n\n\nOperating Lease Expense \n249 \n\n224 \n\n\nOperating Lease Payments \n(211) \n\n(207) \n\n\nPension Contributions and Direct Payments \n(45) \n\n(54) \n\n\nChanges in Operating Assets and Liabilities, Net of Asset Acquisitions and Dispositions: \n\n\n\n\n\nAccounts Receivable \n(658) \n\n(816) \n\n\nInventories \n(259) \n\n590 \n\n\nAccounts Payable — Trade \n(207) \n\n(585) \n\n\nCompensation and Benefits \n39 \n\n45 \n\n\nOther Current Liabilities \n(58) \n\n222 \n\n\nOther Assets and Liabilities \n(69) \n\n(58) \n\n\nTotal Cash Flows from Operating Activities \n(591) \n\n(204) \n\n\nCash Flows from Investing Activities: \n\n\n\n\n\nCapital Expenditures \n(912) \n\n(807) \n\n\nInsurance Recoveries for Damaged Property, Plant and Equipment \n48 \n\n— \n\n\nCash Proceeds from Sale and Leaseback Transactions \n16 \n\n73 \n\n\nAsset Dispositions \n110 \n\n3 \n\n\nShort Term Securities Acquired \n— \n\n(96) \n\n\nShort Term Securities Redeemed \n2 \n\n88 \n\n\nLong Term Securities Acquired \n— \n\n(11) \n\n\nLong Term Securities Redeemed \n4 \n\n6 \n\n\nNotes Receivable \n(28) \n\n(61) \n\n\nOther Transactions \n1 \n\n(13) \n\n\nTotal Cash Flows from Investing Activities \n(759) \n\n(818) \n\n\nCash Flows from Financing Activities: \n\n\n\n\n\nShort Term Debt and Overdrafts Incurred \n1,034 \n\n793 \n\n\nShort Term Debt and Overdrafts Paid \n(803) \n\n(863) \n\n\nLong Term Debt Incurred \n10,315 \n\n7,321 \n\n\nLong Term Debt Paid \n(9,180) \n\n(6,464) \n\n\nCommon Stock Issued \n(3) \n\n(2) \n\n\nTransactions with Minority Interests in Subsidiaries \n(2) \n\n(4) \n\n\nDebt Related Costs and Other Transactions \n(46) \n\n(7) \n\n\nTotal Cash Flows from Financing Activities \n1,315 \n\n774 \n\n\nEffect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash \n(10) \n\n(5) \n\n\nNet Change in Cash, Cash Equivalents and Restricted Cash \n(45) \n\n(253) \n\n\nCash, Cash Equivalents and Restricted Cash at Beginning of the Period \n985 \n\n1,311 \n\n\nCash, Cash Equivalents and Restricted Cash at End of the Period \n$      940 \n\n$  1,058 \n\n\n\n\n\n\n\n\n\n\n\n\n\n\nTable 4: Reconciliation of Segment Operating Income & Margin \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThree Months Ended \n\nNine Months Ended \n\n\n\nSeptember 30, \n\nSeptember 30, \n\n\n(In millions) \n2024 \n\n2023 \n\n2024 \n\n2023 \n\n\nTotal Segment Operating Income \n$                347 \n\n$               336 \n\n$               933 \n\n$                585 \n\n\nLess: \n\n\n\n\n\n\n\n\n\nIntangible Asset Impairment \n125 \n\n— \n\n125 \n\n— \n\n\nRationalizations \n11 \n\n198 \n\n52 \n\n302 \n\n\nInterest Expense \n135 \n\n138 \n\n391 \n\n403 \n\n\nOther (Income) Expense \n34 \n\n21 \n\n(8) \n\n82 \n\n\nAsset Write-Offs, Accelerated Depreciation, and Accelerated Lease Costs, Net \n25 \n\n8 \n\n119 \n\n21 \n\n\nCorporate Incentive Compensation Plans \n14 \n\n2 \n\n50 \n\n43 \n\n\nRetained Expenses of Divested Operations \n3 \n\n2 \n\n11 \n\n10 \n\n\nOther \n25 \n\n26 \n\n130 \n\n93 \n\n\nIncome (Loss) before Income Taxes \n$                 (25) \n\n$                (59) \n\n$                  63 \n\n$             (369) \n\n\nUnited States and Foreign Tax Expense \n9 \n\n25 \n\n75 \n\n22 \n\n\nLess: Minority Shareholders' Net Income (Loss) \n— \n\n5 \n\n(6) \n\n7 \n\n\nGoodyear Net Income (Loss) \n$                 (34) \n\n$                (89) \n\n$                   (6) \n\n$             (398) \n\n\n\n\n\n\n\n\n\n\n\n\nNet Sales \n$            4,824 \n\n$            5,142 \n\n$           13,931 \n\n$         14,950 \n\n\nReturn on Net Sales \n-0.7 % \n\n-1.7 % \n\n0.0 % \n\n-2.7 % \n\n\nTotal Segment Operating Margin \n7.2 % \n\n6.5 % \n\n6.7 % \n\n3.9 % \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nTable 5: Reconciliation of Adjusted Net Income (Loss) and Adjusted Diluted Earnings Per Share \n\n\nThird Quarter 2024 \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n(In millions, except per share amounts) \nAs Reported \n\nIntangible AssetImpairment \n\nRationalizations, AssetWrite-offs,  Accelerated Depreciation and Leases \n\nGoodyearForward Costs \n\nIndirect Tax Settlementsand Discrete Tax Items \n\nDebica Fire Impact andInsurance Recoveries \n\nAmericas StormInsurance Recoveries \n\nAs Adjusted \n\n\nNet Sales \n$    4,824 \n\n$                                - \n\n$                                - \n\n$                   - \n\n$                   - \n\n$                   - \n\n$                    - \n\n$    4,824 \n\n\nCost of Goods Sold \n3,881 \n\n- \n\n(19) \n\n- \n\n- \n\n(3) \n\n20 \n\n3,879 \n\n\nGross Margin \n943 \n\n- \n\n19 \n\n- \n\n- \n\n3 \n\n(20) \n\n945 \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSAG \n663 \n\n- \n\n(6) \n\n(14) \n\n- \n\n- \n\n- \n\n643 \n\n\nIntangible Asset Impairment \n125 \n\n(125) \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n\nRationalizations \n11 \n\n- \n...\n     (11) \n\n- \n\n- \n\n- \n\n- \n\n- \n\n\nInterest Expense \n135 \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n135 \n\n\nOther (Income) Expense \n34 \n\n- \n\n- \n\n(11) \n\n- \n\n- \n\n- \n\n23 \n\n\nPre-tax Income (Loss) \n(25) \n\n125 \n\n36 \n\n25 \n\n- \n\n3 \n\n(20) \n\n144 \n\n\nTaxes \n9 \n\n31 \n\n3 \n\n6 \n\n(7) \n\n1 \n\n(5) \n\n38 \n\n\nMinority Interest \n- \n\n- \n\n1 \n\n- \n\n- \n\n- \n\n- \n\n1 \n\n\nGoodyear Net Income (Loss) \n$         (34) \n\n$                               94 \n\n$                               32 \n\n$                   19 \n\n$                     7 \n\n$                    2 \n\n$                  (15) \n\n$          105 \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nEPS \n$      (0.12) \n\n$                           0.33 \n\n$                             0.11 \n\n$              0.07 \n\n$              0.02 \n\n$               0.01 \n\n$              (0.05) \n\n$        0.37 \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThird Quarter 2023 \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n(In millions, except per share amounts) \nAs Reported \n\nRationalizations, AssetWrite-offs, andAccelerated Depreciation \n\nDebica Fire Impact \n\nTupelo StormImpact \n\nPension SettlementCharges \n\nOther LegalClaims \n\nAsset and Other Sales \n\nIndirect Tax Settlements and Discrete Tax Items \n\nAs Adjusted \n\n\nNet Sales \n$       5,142 \n\n$                           - \n\n$                    11 \n\n$                  33 \n\n$                      - \n\n$                   - \n\n$                   - \n\n$                   - \n\n$       5,186 \n\n\nCost of Goods Sold \n4,171 \n\n(8) \n\n(3) \n\n28 \n\n- \n\n- \n\n- \n\n- \n\n4,188 \n\n\nGross Margin \n971 \n\n8 \n\n14 \n\n5 \n\n- \n\n- \n\n- \n\n- \n\n998 \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSAG \n673 \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n673 \n\n\nRationalizations \n198 \n\n(198) \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n\nInterest Expense \n138 \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n138 \n\n\nOther (Income) Expense \n21 \n\n- \n\n- \n\n- \n\n(4) \n\n(4) \n\n6 \n\n- \n\n19 \n\n\nPre-tax Income (Loss) \n(59) \n\n206 \n\n14 \n\n5 \n\n4 \n\n4 \n\n(6) \n\n- \n\n168 \n\n\nTaxes \n25 \n\n22 \n\n1 \n\n1 \n\n1 \n\n1 \n\n(2) \n\n8 \n\n57 \n\n\nMinority Interest \n5 \n\n- \n\n1 \n\n- \n\n1 \n\n- \n\n- \n\n- \n\n7 \n\n\nGoodyear Net Income (Loss) \n$           (89) \n\n$                         184 \n\n$                   12 \n\n$                    4 \n\n$                       2 \n\n$                     3 \n\n$                   (4) \n\n$                   (8) \n\n$           104 \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nEPS \n$        (0.31) \n\n$                       0.64 \n\n$              0.04 \n\n$               0.01 \n\n$                  0.01 \n\n$               0.01 \n\n$              (0.01) \n\n$             (0.03) \n\n$         0.36 \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nTable 5: Reconciliation of Adjusted Net Income (Loss) and Adjusted Diluted Earnings Per Share (continued) \n\n\nFirst Nine Months 2024 \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n (In millions, except per share amounts)  \nAs Reported \n\nRationalizations, AssetWrite-offs,  AcceleratedDepreciation and Leases \n\nIntangible Asset Impairment \n\n Goodyear Forward Costs  \n\n South Africa Flood Impact  \n\n Pension SettlementCharges (Credits)  \n\n Indirect Tax Settlementsand Discrete Tax Items  \n\n Debica Fire Impactand InsuranceRecoveries  \n\n Americas Storm Insurance Recoveries  \n\n Asset andOther Sales  \n\n As Adjusted  \n\n\nNet Sales \n$      13,931 \n\n$                           - \n\n$                   - \n\n$                   - \n\n$                   - \n\n$                   - \n\n$                   - \n\n$                   - \n\n$                    - \n\n$                     - \n\n$      13,931 \n\n\nCost of Goods Sold \n11,218 \n\n(95) \n\n- \n\n- \n\n(3) \n\n- \n\n8 \n\n26 \n\n39 \n\n- \n\n11,193 \n\n\nGross Margin \n2,713 \n\n95 \n\n- \n\n- \n\n3 \n\n- \n\n(8) \n\n(26) \n\n(39) \n\n- \n\n2,738 \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSAG \n2,090 \n\n(24) \n\n- \n\n(81) \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n1,985 \n\n\nIntangible Asset Impairment \n125 \n\n- \n\n(125) \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n\nRationalizations \n52 \n\n(52) \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n\nInterest Expense \n391 \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n391 \n\n\nOther (Income) Expense \n(8) \n\n- \n\n- \n\n(11) \n\n- \n\n5 \n\n2 \n\n- \n\n- \n\n87 \n\n75 \n\n\nPre-tax Income (Loss) \n63 \n\n171 \n\n125 \n\n92 \n\n3 \n\n(5) \n\n(10) \n\n(26) \n\n(39) \n\n(87) \n\n287 \n\n\nTaxes \n75 \n\n15 \n\n31 \n\n22 \n\n- \n\n(1) \n\n(9) \n\n(6) \n\n(9) \n\n(26) \n\n92 \n\n\nMinority Interest \n(6) \n\n15 \n\n- \n\n- \n\n- \n\n- \n\n- \n\n(3) \n\n- \n\n- \n\n6 \n\n\nGoodyear Net Income (Loss) \n$             (6) \n\n$                          141 \n\n$                  94 \n\n$                  70 \n\n$                     3 \n\n$                   (4) \n\n$                    (1) \n\n$                  (17) \n\n$                 (30) \n\n$                    (61) \n\n$           189 \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nEPS \n$       (0.02) \n\n$                       0.49 \n\n$               0.33 \n\n$              0.24 \n\n$               0.01 \n\n$              (0.01) \n\n$              (0.01) \n\n$             (0.06) \n\n$              (0.10) \n\n$                (0.21) \n\n$         0.66 \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFirst Nine Months 2023 \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n(In millions, except per share amounts) \nAs Reported \n\nRationalizations, Asset Write-offs, and AcceleratedDepreciation \n\nTupelo Storm Impact \n\nPension Settlement Charges \n\nDebica Fire Impact \n\nOther LegalClaims \n\nEnvironmental  Remediation Adjustment \n\nForeign Currency Translation Adjustment Write-Off \n\nIndirect Tax  Settlements and  Discrete Tax Items \n\nAsset and Other Sales \n\nAs Adjusted \n\n\nNet Sales \n$     14,950 \n\n$                           - \n\n$                 110 \n\n$                   - \n\n$                    11 \n\n$                   - \n\n$                      - \n\n$                      - \n\n$                   - \n\n$                   - \n\n$      15,071 \n\n\nCost of Goods Sold \n12,487 \n\n(31) \n\n41 \n\n- \n\n(3) \n\n3 \n\n5 \n\n- \n\n- \n\n- \n\n12,502 \n\n\nGross Margin \n2,463 \n\n31 \n\n69 \n\n- \n\n14 \n\n(3) \n\n(5) \n\n- \n\n- \n\n- \n\n2,569 \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSAG \n2,045 \n\n10 \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n2,055 \n\n\nRationalizations \n302 \n\n(302) \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n\nInterest Expense \n403 \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n- \n\n403 \n\n\nOther (Income) Expense \n82 \n\n- \n\n- \n\n(40) \n\n- \n\n(8) \n\n- \n\n5 \n\n- \n\n58 \n\n97 \n\n\nPre-tax Income (Loss) \n(369) \n\n323 \n\n69 \n\n40 \n\n14 \n\n5 \n\n(5) \n\n(5) \n\n- \n\n(58) \n\n14 \n\n\nTaxes \n22 \n\n45 \n\n13 \n\n9 \n\n1 \n\n2 \n\n(1) \n\n- \n\n5 \n\n(17) \n\n79 \n\n\nMinority Interest \n7 \n\n- \n\n- \n\n1 \n\n1 \n\n- \n\n- \n\n- \n\n1 \n\n- \n\n10 \n\n\nGoodyear Net Income (Loss) \n$        (398) \n\n$                        278 \n\n$                  56 \n\n$                  30 \n\n$                   12 \n\n$                     3 \n\n$                      (4) \n\n$                      (5) \n\n$                   (6) \n\n$                 (41) \n\n$           (75) \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nEPS \n$       (1.40) \n\n$                       0.98 \n\n$              0.20 \n\n$               0.10 \n\n$              0.04 \n\n$               0.01 \n\n$                 (0.01) \n\n$               (0.02) \n\n$             (0.02) \n\n$              (0.14) \n\n$       (0.26) \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nMEDIA CONTACT:  DOUG GRASSIAN330.796.3855DOUG_GRASSIAN@GOODYEAR.COM   \nANALYST CONTACT:   GREG SHANK330.796.5008GREG_SHANK@GOODYEAR.COM \n View original content to download multimedia:https://www.prnewswire.com/news-releases/goodyear-announces-q3-2024-results-increases-goodyear-forward-targets-302295905.html\nSOURCE The Goodyear Tire & Rubber Company","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481187563"}