Profile
Sector:
Consumer CyclicalIndustry:
Packaging & ContainersCountry:
United StatesIPO:
11 December 1991Website:
http://www.o-i.comNext earnings report:
N/ALast dividends:
27 February 2020Next dividends:
N/APrice
after hours | Mon, 04 Nov 2024 22:42:24 GMTDividend
Analysts recommendations
Institutional Ownership
OI Latest News
OI expects adjusted EPS of 70-80 cents, down from the previously stated $1.00-$1.25.
O-I Glass (OI) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of $0.03. This compares to earnings of $0.80 per share a year ago.
PERRYSBURG, Ohio, Oct. 29, 2024 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE Rapidly Implementing Fit To Win Priorities to Drive Improved Performance in 2025 and Beyond Business Returned to Modest Sales Volume Growth, Despite Sluggish Market Conditions Updating 2024 Business Outlook Amid Continued Muted Demand and Consumer Uncertainty O-I Glass, Inc. (“O-I”) (NYSE: OI) today reported financial results for the third quarter ended September 30, 2024. Net Earnings (Loss) Attributable to the Company Per Share (Diluted) Earnings (Loss) Before Income Taxes $M 3Q24 3Q23 3Q24 3Q23 Reported ($ 0.52 ) $ 0.32 ($ 57 ) $ 82 Adjusted Earnings (Loss) Earnings Per Share (Diluted) Segment Operating Profit $M 3Q24 3Q23 3Q24 3Q23 Non - GAAP ($ 0.04 ) $ 0.80 $ 144 $ 301 “Our third-quarter results declined when compared to the strong performance in the prior year period.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
PERRYSBURG, Ohio , Oct. 02, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) has scheduled its third quarter 2024 conference call and webcast for Wednesday, October 30, 2024, at 8 a.m. EDT. The Company's news release for the third quarter 2024 earnings will be issued after the market closes on Tuesday, October 29.
O-I Glass (OI) reported earnings 30 days ago. What's next for the stock?
O-I Glass (OI) expects adjusted earnings of $1.00-$1.25 per share for 2024, down from the previously stated $1.50-$2.00.
O-I Glass (OI) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.88 per share a year ago.
Gradually Improving Demand Amid Soft Macro Conditions; New CEO Outlines Top Priorities Gradually Improving Demand Amid Soft Macro Conditions; New CEO Outlines Top Priorities
O-I is facing an excruciating period of destocking and soft consumer demand, with disappointing revenues. Decreasing shipments and volatile energy costs are increasing operating costs. However, management is focusing on portfolio optimization programs and margin expansion initiatives while waiting for markets to turn around.
What type of business is O-I Glass?
O-I Glass, Inc. through its subsidiaries manufactures and sells glass containers for food and beverages, primarily in North and South America, Europe, and the Asia-Pacific region. The company also produces glass packaging for various food products, non-alcoholic beverages, tea, juices, and pharmaceuticals. O-I Glass, Inc. offers glass containers of various sizes, shapes, and colors. The company sells its products directly to customers through annual or multi-year supply contracts, as well as through distributors. O-I Glass, Inc. was founded in 1903 and is headquartered in Perrysburg, Ohio.
What sector is O-I Glass in?
O-I Glass is in the Consumer Cyclical sector
What industry is O-I Glass in?
O-I Glass is in the Packaging & Containers industry
What country is O-I Glass from?
O-I Glass is headquartered in United States
When did O-I Glass go public?
O-I Glass initial public offering (IPO) was on 11 December 1991
What is O-I Glass website?
https://www.o-i.com
Is O-I Glass in the S&P 500?
No, O-I Glass is not included in the S&P 500 index
Is O-I Glass in the NASDAQ 100?
No, O-I Glass is not included in the NASDAQ 100 index
Is O-I Glass in the Dow Jones?
No, O-I Glass is not included in the Dow Jones index
When was O-I Glass the previous earnings report?
No data
When does O-I Glass earnings report?
Next earnings report date is not announced yet