Goodyear Tire & Rubber Co. (NYSE:GT) posted EPS of 7 cents in Q4, versus a loss per share of 73 cents in the prior-year period. Analysts' expected EPS of 20 cents.
Net sales rose 12 percent to $5.68 billion, versus consensus estimate of $5.88 billion.
Tire unit volumes fell 5 percent to 43.2 million, as replacement industry volumes declined in mature markets, challenging business conditions in Latin America as well as Thailand floods.
For Q1, the Akron, Ohio-based company expects raw material costs to increase between 20 percent and 25 percent.
GT sees essentially flat tire unit volume in 2012 and raw material costs to increase around 5 percent.
GT shares, which have been trading between $8.53 and $18.83 over the past year, ended Monday's regular trading at $13.97.