AKRON, Ohio (AP) — AKRON, Ohio (AP) — The Goodyear Tire & Rubber Co. (GT) on Monday reported a loss of $57 million in its first quarter.

On a per-share basis, the Akron, Ohio-based company said it had a loss of 20 cents. Earnings, adjusted for non-recurring costs, came to 10 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.

The tire maker posted revenue of $4.54 billion in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $4.78 billion.

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