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O-I Glass, Inc. · NYSE · Consumer Cyclical
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Summary: - O-I Glass reported Q1 2024 EPS of 45 cents, down 65% YoY. - Revenues were $1.59 billion, missing estimates due to lower profit and higher expenses. - 2024 outlook lowered: adjusted earnings $1.50-$2.00 per share, sales volume flat. Price Impact Rating: Bearish Impact Horizon Rating: Long-term Type: Earnings
View signal analysis- OI Glass reported earnings of $0.45 per share, beating estimates and showing a 25% surprise. - Revenues for the quarter were $1.59 billion, missing estimates by 7.06%. - OI Glass stock has underperformed the market, with estimate revisions trending unfavorably. - Industry outlook can impact stock performance, currently Glass Products ranks in the top 38%. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
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