The results, however, exceeded the Zacks Consensus Estimate of 46 cents. The year-over-year fall was due to lower tire volumes, impacted by the ongoing macroeconomic uncertainty across the globe. Revenues fell 8% year over year to $5.2 billion, missing the Zacks Consensus Estimate of $5.7 billion. The decline was driven by weak economic conditions and unfavorable foreign currency translation. Goodyear Tire & Rubber Company is one of the largest tire manufacturing companies worldwide, selling its products under the Goodyear, Kelly, Dunlop, Fulda, Debica, Sava and various other "house" brand names as well as private-label brands. The company, on a worldwide basis, competes with Bridgestone of Japan and Michelin of France along with other major competitors including Cooper Tire & Rubber Co. ( CTB ). The company is focused on the twin goals of top-line growth and cost reduction.