If you have not heard quite a bit about pricing energy this earnings season, there is a good motive: There hasn’t been a number of it to go round. Many of the businesses which have opted to go alongside greater prices to customers within the type of value will increase are seeing decrease volumes. There are various causes for this, together with harder comparisons with final 12 months’s outcomes, decrease demand and constrained provide. Despite this, there are some companies – like most (however not all) journey firms – which might be nonetheless exhibiting robust pricing energy. Outside the journey house, a main instance is Goodyear Tire , which posted its second-quarter outcomes Friday morning. The tire maker continues to do very properly regardless of uncooked materials inflation pressures. Its earnings per share handily beat analyst estimates by 10 cents, and shares are buying and selling greater. Net earnings rose to $166 million, or 58 cents per share, from $67 million, or 27 cents per share, a 12 months in the past. Excluding objects, Goodyear earned 46 cents per share, whereas analysts surveyed by Refinitiv had predicted a revenue of 36 cents per share. Goodyear mentioned “price/mix exceeded raw materials by more than $140M.” Pretty spectacular. Notably, it has made comparable feedback in earlier quarters, too. Volumes had been nonetheless up 7% in its legacy enterprise. (You nonetheless have to interchange your automotive tires now that everyone’s again on the roads once more!) The flip aspect to pricing energy is the problem of value ceilings. It’s unclear if we’re seeing indicators of value ceilings but, however it’s one thing to be looking out for down the highway. On Monday, Avis Budget’s earnings report revealed it noticed robust demand within the second quarter, however its common charges had been solely up 2% within the Americas phase. Another shocking instance got here Thursday after the market’s shut. Expedia – like all journey firms – is reaping the advantages of pent-up trip demand. Lodging bookings are at a document ranges . But the common each day booked lodging charges rose solely 3%. Admittedly, charges had been lapping powerful comparisons. Last 12 months, the metric soared 49% within the second quarter. In the primary quarter, charges had been solely up 4% 12 months over 12 months, too. But Expedia’s numbers do not match up with what we’re seeing throughout a lot of the lodging trade. Booking Holdings confirmed robust progress in charges nonetheless in its newest outcomes . So did Airbnb . And the state of affairs has remained robust at each Hilton and Marriott . So it is a bit of an odd state of affairs with Expedia, which makes it value watching over the following three to 6 months to see if different journey firms see any leveling off in charges.