O-I Glass Inc expected to post earnings of 85  cents a share - Earnings Preview

O-I Glass

22/04/2023 02:49

* O-I Glass Inc  OI.N   OI  is expected to show a rise in
quarterly revenue when it reports  results on April 25. 
    * The Perrysburg Ohio-based  company is expected to report 
a
4.7% increase in revenue to $1.772 billion from $1.69 billion a
year ago, according to the mean estimate from 6 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for O-I Glass Inc is
for
earnings of 85 cents per share. The company's EPS guidance on
January 31 2023, for the period ended March 31, 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
$25​, above​ its last closing price of $21.56. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  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. 31 2022  0.40        0.39       0.56      Beat    41.8
 ​​Dec.        0.33        0.33       0.36      Beat    10.2
 31 2021                                                
 Sep. 30 2021  0.52        0.52       0.58      Beat    12.1​
 Jun. 30 2021  0.48        0.48       0.54      Beat    13.5
 Mar. 31 2021  0.29        0.30       0.35      Beat    18.2
 This summary was machine generated April 22 at 01:49 GMT.  All
figures in US dollars  unless otherwise stated