O-I Glass (OI) reported strong Q4 results, with earnings of $0.2 per share significantly beating the Zacks Consensus Estimate of $0.19 and revenues reaching $1.5 billion, surpassing estimates by 1.18%. The company has consistently outperformed EPS estimates over the last four quarters. Despite outperforming the market year-to-date, O-I Glass currently holds a Zacks Rank #3 (Hold), indicating expected in-line performance with the market, while the Glass Products industry is in the bottom 5% of Zacks industries.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
O-I Glass (OI) Q4 Earnings and Revenues Beat Estimates
O-I Glass (OI) reported strong Q4 results, with earnings of $0.2 per share significantly beating the Zacks Consensus Estimate of $0.19 and revenues reaching $1.5 billion, surpassing estimates by 1.18%. The company has consistently outperformed EPS estimates over the last four quarters. Despite outperforming the market year-to-date, O-I Glass currently holds a Zacks Rank #3 (Hold), indicating expected in-line performance with the market, while the Glass Products industry is in the bottom 5% of Zacks industries.