O-I Glass (OI) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.44 per share a year ago.
O-I Glass (OI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Here is how O-I Glass (OI) and Otis Worldwide (OTIS) have performed compared to their sector so far this year.
O-I Glass remains a 'strong buy' due to its simple, essential business model and deeply discounted valuation despite recent share price gains. Short-term financials are mixed, but management's 'Fit to Win' program and multi-phase growth strategy promise significant EBITDA and cash flow expansion by 2027 and 2029. Shares are trading at lower multiples than peers, offering compelling value and the potential for multiple expansion as management executes its plan.
Does O-I Glass (OI) have what it takes to be a top stock pick for momentum investors? Let's find out.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
O-I Glass (OI) reported earnings 30 days ago. What's next for the stock?
O-I Glass, Inc. (OI) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, OI's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
OI's Q1 results reflect the impacts of lower average selling prices and unfavorable foreign currency translation, which offset the impact of higher volumes.
O-I Glass, Inc. (NYSE:OI ) Q1 2025 Earnings Conference Call April 30, 2025 8:00 AM ET Company Participants Chris Manuel - Vice President, Investor Relations Gordon Hardie - Chief Executive Officer John Haudrich - Chief Financial Officer Conference Call Participants George Staphos - Bank of America Michael Roxland - Truist Securities Anojja Shah - UBS Anthony Pettinari - Citi Arun Viswanathan - RBC Capital Markets Gabe Hajde - Wells Fargo Securities Operator Hello everybody and welcome to the O-I Glass First Quarter 2025 Earnings Conference Call. My name is Elliot and I'll be your coordinator today.
O-I Glass (OI) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.45 per share a year ago.