O-I Glass, Inc. reports results for the quarter ended September 30 - Earnings Summary
O-I Glass, Inc. reports results for the quarter ended September 30 - Earnings Summary
O-I Glass, Inc. OI.N reported a quarterly adjusted loss of 9 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 48 cents. The mean expectation of seven analysts for the quarter was for earnings of 18 cents per share. Wall Street expected results to range from 8 cents to 33 cents per share.
Revenue fell 1.8% to $1.62 billion from a year ago; analysts expected $1.64 billion.
O-I Glass, Inc.'s reported EPS for the quarter was a loss of 8 cents.
The company reported a quarterly loss of $13 million.
O-I Glass, Inc. shares had risen by 14.0% this quarter and lost 56.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 61.3% in the last three months.
In the last 30 days, five analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 4 "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 $8.00, about 19.6% above its last closing price of $6.43
This summary was machine generated from LSEG data October 27 at 09:41 p.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 |
Sep. 30 2026 | 0.18 | -0.09 | 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 |
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