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.
O-I Glass (OI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
OI's biofuel trial at the Harlow plant achieves a significant reduction in greenhouse gas emissions.
O-I Glass, Inc. (NYSE:OI ) Q4 2024 Earnings Conference Call February 5, 2025 8:00 AM ET Company Participants Chris Manuel - VP of IR Gordon Hardie - CEO John Haudrich - CFO Conference Call Participants Ghansham Panjabi - Baird George Staphos - Bank of America Anthony Pettinari - Citi Joshua Spector - UBS Arun Viswanathan - RBC Gabe Hajde - Wells Fargo Nico Piccini - Truist Securities Operator Hello, and welcome to today's O-I Glass, Full Year, and Fourth Quarter 2024 Earnings Conference Call. My name is Bailey, and I will be the moderator for today.
OI Q4 results reflect the impacts of lower average selling prices and unfavorable foreign currency translation amid flat sales volume.
O-I Glass (OI) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to earnings of $0.12 per share a year ago.
O-I Glass (OI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.