O-I Glass OI reported its Q3 earnings results on Monday, October 25, 2021 at 04:20 PM.
Here's what investors need to know about the announcement.
Earnings
O-I Glass beat their estimated earnings by 11.54%, which surprised analysts.
Revenue was up $7,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07, which was followed by a 4.1% drop in the share price the next day.
Here's a look at O-I Glass's past performance and the resulting price change:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.47 | 0.30 | 0.34 | 0.28 |
| EPS Actual | 0.54 | 0.35 | 0.40 | 0.41 |
| Revenue Estimate | 1.55B | 1.46B | 1.48B | 1.54B |
| Revenue Actual | 1.66B | 1.50B | 1.50B | 1.62B |
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