O-I Glass Inc expected to post earnings of 39 cents a share - Earnings Preview

O-I Glass

26/04/2024 21:07

* O-I Glass Inc  OI.N   OI  is expected to show a fall in
quarterly revenue when it reports  results on April 30 for the
period ending March 31 2024
    * The Perrysburg Ohio-based  company is expected to report a
7.3% decrease in revenue to $1.698 billion from $1.83 billion a
year ago, according to the mean estimate from 8 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for O-I Glass Inc is for
earnings
of 39 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"hold" and no "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
$20.00​, above​ its last closing price of $14.85. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.03        0.03       0.12      Beat    285.7
 Sep. 30 2023  0.70        0.70       0.80      Beat    14.7
 Jun. 30 2023  0.84        0.84       0.88      Beat    5.3​
 Mar. 31 2023  0.88        0.85       1.29      Beat    51.1
 ​​Dec.        0.32        0.32       0.38      Beat    20
 31 2022                                                
 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
 This summary was machine generated April 26 at 20:07 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)