Earnings Summary: O-I Glass Q4

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O-I Glass OI announced its Q4 earnings on Tuesday, February 4, 2025 at 04:20 PM.

Here's a breakdown of the earnings report.

Earnings

O-I Glass beat estimated earnings by 38.0%, reporting an EPS of $-0.05 versus an estimate of $-0.08.

Revenue was down $112.00 million from the same period last year.

Performance in Previous Earnings

The company missed on EPS by $0.08 in the last quarter, resulting in a 7.000000000000001% drop share price change the following day.

Here's a look at O-I Glass's past performance:

Quarter Q3 2024 Q2 2024 Q1 2024 Q4 2023
EPS Estimate 0.04 0.44 0.39 0.03
EPS Actual -0.04 0.44 0.45 0.12
Revenue Estimate 1.76B 1.79B 1.70B 1.63B
Revenue Actual 1.68B 1.73B 1.59B 1.64B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

O-I Glass management provided guidance for FY 2025, expecting earnings between $1.2 and $1.5 per share.

To track all earnings releases for O-I Glass visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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