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

O-I Glass

31/01/2023 22:44

* O-I Glass Inc  OI.N  reported quarterly adjusted earnings
of 38
cents​​ per share for the quarter ended in December. The mean
expectation of twelve analysts for the quarter was for earnings
of 32 cents per share.
    * Revenue rose 6.6% to $1.69 billion from a year ago;
analysts
expected $1.60 billion. 
    * O-I Glass Inc's reported EPS for the quarter was 8 cents​.
    * The mean earnings estimate of analysts had risen by
about 5.6%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * O-I Glass Inc shares had risen by 13.2% this quarter.
    * The company reported quarterly net income of $13 million.
    * Wall Street's median 12-month price target for O-I Glass
Inc is
$21.00 
    * 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." 

This summary was machine generated from Refinitiv data January
31 at 10:44 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.32           0.38           Beat
 Sep. 30 2022      0.60           0.63           Beat
 Jun. 30 2022      0.65           0.73           Beat
 Mar. 31 2022      0.39           0.56           Beat