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Published on 6/16/2004 in the Prospect News Bank Loan Daily, Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

Goodyear reschedules first quarter earnings conference call

By Jeff Pines

Washington, June 16 - Goodyear Tire & Rubber Co. said it decided to delay its investor conference call because it needs more time to complete the financial statements. The conference was supposed to be held Wednesday.

The Akron, Ohio-based tire and rubber company said it expects to file its financial statements before June 30.

Goodyear expects to report a first quarter loss of $75 million to $85 million compared with a loss of $196.5 million for the 2003 first quarter.

It also expects to report record sales of $4.3 billion compared with $3.5 billion for the same quarter in 2003.


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