O-i Glass, Inc reports results for the quarter ended June 30 - Earnings Summary
O-i Glass, Inc reports results for the quarter ended June 30 - Earnings Summary
O-i Glass, Inc OI.N reported quarterly adjusted earnings of 9 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 53 cents. The mean expectation of eight analysts for the quarter was for earnings of 26 cents per share. Wall Street expected results to range from 23 cents to 30 cents per share.
Revenue fell 2.2% to $1.67 billion from a year ago; analysts expected $1.69 billion.
O-i Glass, Inc's reported EPS for the quarter was a loss of $6.33.
The company reported a quarterly loss of $972 million.
O-i Glass, Inc shares had fallen by 4.5% this quarter and lost 37.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 38.9% in the last three months.
In the last 30 days, six 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," 2 "hold" and 2 "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 $13.00, about 30.3% above its last closing price of $9.06
This summary was machine generated from LSEG data July 29 at 01:51 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 |
Jun. 30 2026 | 0.26 | 0.09 | Missed |
Mar. 31 2026 | 0.17 | 0.05 | Missed |
Dec. 31 2025 | 0.19 | 0.20 | Beat |
Sep. 30 2025 | 0.42 | 0.48 | Beat |
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