O-I Glass Inc expected to post earnings of 32cents a share - Earnings Preview

O-I Glass

27/01/2023 21:38

* O-I Glass Inc  OI.N   OI  is expected to show a rise in
quarterly revenue when it reports  results on January 31. 
    * The Perrysburg Ohio-based  company is expected to report 
a
0.5% increase in revenue to $1.595 billion from $1.59 billion a
year ago, according to the mean estimate from 8 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for O-I Glass Inc is
for
earnings of 32 cents per share. The company's EPS guidance on
August 3 2022, for the period ended December 31, was between
$0.20 and $0.30 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for O-I Glass
Inc is
$21​, above​ its last closing price of $19.04. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.61        0.60       0.63      Beat    5
 Jun. 30 2022  0.67        0.65       0.73      Beat    12.8
 Mar. 31 2022  0.40        0.39       0.56      Beat    41.8​
 Dec. 31 2021  0.33        0.33       0.36      Beat    10.2
 ​​Sep.        0.52        0.52       0.58      Beat    12.1
 30 2021                                                
 Jun. 30 2021  0.48        0.48       0.54      Beat    13.5​
 Mar. 31 2021  0.29        0.30       0.35      Beat    18.2
 Dec. 31 2020  0.34        0.34       0.40      Beat    18.9
 This summary was machine generated January 27 at 21:38 GMT.  All
figures in US dollars  unless otherwise stated