O-I Glass Inc expected to post earnings of 84  cents a share - Earnings Preview

O-I Glass

29/07/2023 01:42

* O-I Glass Inc  OI.N   OI  is expected to show a rise in
quarterly revenue when it reports  results on August 1. 
    * The Perrysburg Ohio-based  company is expected to report 
a
3.7% increase in revenue to $1.844 billion from $1.78 billion a
year ago, according to the mean estimate from 7 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for O-I Glass Inc is
for
earnings of 84 cents per share. The company's EPS guidance on
June 8 2023, for the period ended June 30, was between $0.80 and
$0.85 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and 1 "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
$28​, above​ its last closing price of $23.23. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.88        0.85       1.29      Beat    51.1
 Dec. 31 2023  0.32        0.32       0.38      Beat    20
 Sep. 30 2022  0.61        0.60       0.63      Beat    5​
 Jun. 30 2022  0.67        0.65       0.73      Beat    12.8
 ​​Mar.        0.40        0.39       0.56      Beat    41.8
 31 2022                                                
 Dec. 31 2021  0.33        0.33       0.36      Beat    10.2​
 Sep. 30 2021  0.52        0.52       0.58      Beat    12.1
 Jun. 30 2021  0.48        0.48       0.54      Beat    13.5
 This summary was machine generated July 29 at 00:42 GMT.  All
figures in US dollars  unless otherwise stated