O-I Glass (OI) Reports Q3 Loss, Misses Revenue Estimates
O-I Glass (OI) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of $0.03. This compares to earnings of $0.80 per share a year ago.
Earnings Preview: O-I Glass (OI) Q3 Earnings Expected to Decline
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.
Is OI Glass (OI) Stock Undervalued Right Now?
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.
Why Is O-I Glass (OI) Down 3.7% Since Last Earnings Report?
O-I Glass (OI) reported earnings 30 days ago. What's next for the stock?
O-I Glass (OI) Tops Q2 Earnings Estimates, Lowers '24 Outlook
O-I Glass (OI) expects adjusted earnings of $1.00-$1.25 per share for 2024, down from the previously stated $1.50-$2.00.
O-I Glass, Inc. (OI) Q2 2024 Earnings Call Transcript
O-I Glass, Inc. (NYSE:OI ) Q2 2024 Earnings Conference Call July 31, 2024 8:00 AM ET Company Participants Chris Manuel - Vice President of Investor Relations Gordon Hardie - President and Chief Executive Officer John Haudrich - Senior Vice President and Chief Financial Officer Conference Call Participants Ghansham Panjabi – Baird George Staphos - Bank of America Mike Roxland - Truist Securities Anthony Pettinari – Citi Joshua Beder - UBS Arun Viswanathan - RBC Capital Marrkets Gabe Hajde - Wells Fargo Securities Operator Good morning, everyone, and welcome to the O-I Glass Second Quarter 2024 Earnings Conference Call. My name is Kiki and I'll be your conference operator today.
O-I Glass (OI) Q2 Earnings Beat Estimates
O-I Glass (OI) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.88 per share a year ago.
Why O-I Glass Will Thrive As The Market Improves
O-I is facing an excruciating period of destocking and soft consumer demand, with disappointing revenues. Decreasing shipments and volatile energy costs are increasing operating costs. However, management is focusing on portfolio optimization programs and margin expansion initiatives while waiting for markets to turn around.
Earnings Preview: O-I Glass (OI) Q2 Earnings Expected to Decline
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.
Wall Street Analysts See a 52.23% Upside in O-I Glass (OI): Can the Stock Really Move This High?
The average of price targets set by Wall Street analysts indicates a potential upside of 52.2% in O-I Glass (OI). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Is OI Glass (OI) a Great Value Stock Right Now?
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: There's Incredibly Risky Potential
O-I Glass, Inc. has reported weak financials due to weak recent industry trends. The company anticipates a gradual recovery with stable y/y volumes in Q2, but I believe that investors should be cautious of the upcoming quarterly report. The extensive investments in the MAGMA program should aid earnings in coming years, potentially making the stock undervalued.
