O-I Glass Inc reports results for the quarter ended December 31 - Earnings Summary

O-I Glass

05/02/2025 24:21

* O-I Glass Inc  OI.N  reported a quarterly adjusted loss
of 5
cents​​ per share for the quarter ended December 31, lower than
the same quarter last year, when the company reported EPS of 12
cents.  The mean expectation of ten analysts for the quarter was
for a loss of 7 cents per share. Wall Street expected results to
range from -12 cents to -2 cents per share.
    * Revenue fell 6.8% to $1.53 billion from a year ago;
analysts
expected $1.60 billion. 
    * O-I Glass Inc's reported EPS for the quarter was a loss of
$1.00​.
    * The company reported a quarterly loss of $155 million.
    * O-I Glass Inc shares had risen by 7.1% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 3.6%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the non-paper
containers & packaging peer group is also "buy"

Wall Street's median 12-month price target for O-I Glass Inc is
$15.00 
This summary was machine generated from LSEG data February 5 at
12:20 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      -0.07          -0.05          Beat
 Sep. 30 2024      0.04           -0.04          Missed
 Jun. 30 2024      0.43           0.44           Beat
 Mar. 31 2024      0.39           0.45           Beat