Owens-Illinois

O-I Glass, Inc. engages in manufacturing of glass products. It offers products to the food and beverage sectors. The firm operates through the following geographical segments: Americas, Europe, and Asia Pacific. The company was founded in 1929 and is headquartered in Perrysburg, OH.

Earnings data Q1 2021

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Owens-Illinois (OI) surpasses earnings expectations, eyes global growth opportunities

Owens-Illinois (OI) delivered strong financial performance in Q4 2022, exceeding earnings guidance and achieving strategic objectives. The company's focus on margin expansion, capacity growth, and capital structure improvement positions it well for continued growth. Challenges in price negotiations and leverage management are being addressed through ongoing initiatives.

Owens-Illinois (OI) beats earnings estimates, eyes long-term glass demand growth

Owens-Illinois (OI) delivered strong financial performance in Q1 2023, driven by margin expansion and ongoing projects. While facing challenges in sales volume and forecasting accuracy, the company remains optimistic about long-term growth opportunities in the glass industry.

O-I Glass beats Q2 earnings, eyes growth amid volume challenges

O-I Glass exceeded earnings expectations in Q2 2023, with positive long-term growth trends and strategic progress.
While facing challenges like sales volume declines and cost pressures, O-I is focused on capitalizing on growth opportunities.
Tightened full-year earnings guidance and planned investments signal confidence in future performance and market expansion.
O-I's emphasis on sustainability, innovation, and market diversification positions the company for long-term success.

O-I Glass reports robust Q3 earnings, navigates challenges strategically

O-I Glass delivered strong financial performance in Q3 2023, with adjusted earnings per share up by 27%.
The company faces challenges in the Americas but sees opportunities in margin expansion and sales volume growth.
Strategic initiatives like capacity curtailment and energy hedges position O-I Glass for future success amidst industry uncertainties.

O-I Glass achieves highest earnings in 15 years, eyes growth

O-I Glass reports strong 2023 performance with record earnings, margin expansion, and growth investments. Challenges include softer macros impacting 2024 earnings and destocking in certain segments. Opportunities lie in revenue growth, margin expansion initiatives, and optimizing asset network.

O-I Glass reports Q1 earnings decline, anticipates rebound on horizon

O-I Glass faces challenges with slower consumer recovery but remains optimistic about long-term demand. Margin expansion initiatives and strategic priorities are underway to drive profitable growth.

Owens-Illinois reports Q3 loss, sets ambitious 2027 growth targets

Owens-Illinois (OI) navigated challenges in Q3 2024 with a focus on operational improvements and strategic planning.
The company aims to drive profitability and growth through the Fit to Win program and ambitious 2027 targets.
Despite a cautious outlook for 2025, Owens-Illinois (OI) remains committed to enhancing cost competitiveness and market understanding.

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O-I Glass, Inc. engages in the manufacturing of glass products. It offers products to the food and beverage sectors. It operates through the Americas and Europe geographical segments. The company was founded in 1929 and is headquartered in Perrysburg, OH.

Business performance exceeded company guidance Business performance exceeded company guidance

O-I Glass Reports Full Year and Fourth Quarter 2020 Results

PERRYSBURG, Ohio, Jan. 07, 2021 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE

O-I Announces Full Year and Fourth Quarter 2020 Earnings Conference Call and Webcast

O-I Glass (OI) poised to gain from focus on sustainable glass packaging solutions, capacity expansions and acquisitions.

O-I Glass (OI) Gains From Glass Packaging Demand & Cost Cuts

PERRYSBURG, Ohio, Nov. 24, 2020 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE

O-I CEO and CFO to Present at the Citi 2020 Basic Materials Virtual Conference

The company is making vast amounts of cash from limited CAPEX, but interest expenses are eating a big portion of it. Asbestos claims are slowly getting to an end, and this will allow the company to continue making strong cash in the medium term.

O-I Glass: Buy This Turnaround

Green Bond Net Proceeds Allocated for Sustainable Projects Green Bond Net Proceeds Allocated for Sustainable Projects

O-I Issues 2020 Green Bond Allocation Update

O-I Glass, Inc. (OI) CEO Andres Lopez on Q3 2020 Results - Earnings Call Transcript

Strong Rebound After A Challenging Second Quarter Due to the Pandemic Strong Rebound After A Challenging Second Quarter Due to the Pandemic

O-I REPORTS THIRD QUARTER 2020 RESULTS

Perrysburg, Ohio, Oct. 21, 2020 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: O-I) and Germany's Krones AG signed a strategic collaboration agreement that aims to elevate glass by innovating together and to jointly create solutions for the growing glass market.

O-I Glass and Krones AG sign Collaboration Agreement

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Companies that are able to leverage the pandemic to grow sales appear to have the advantage.

Will Earnings Reports Drive Shares This Earnings Season?

PERRYSBURG, Ohio, Sept. 30, 2020 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE

O-I Announces Third Quarter 2020 Earnings Conference Call and Webcast

O-I Glass (OI) poised to gain from focus on innovation, capacity expansions and acquisitions.

Glass Packaging Demand to Aid O-I Glass Amid Coronavirus Woes

PERRYSBURG, Ohio, Sept.  10, 2020  (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE

O-I CEO and CFO to Present at the Credit Suisse 33rd Annual Virtual Basic Materials Conference

O-I Glass (OI) reported earnings 30 days ago. What's next for the stock?

O-I Glass (OI) Up 1.1% Since Last Earnings Report: Can It Continue?

O-I Glass (OI) is worth retaining in the portfolio at the moment given its focus on innovation, capacity expansions and acquisitions.

Why Hold Strategy is Apt for O-I Glass (OI) Stock Right Now

O-I Glass' (OI) revenues decline year over year in Q2 on lower shipment due to the pandemic.

O-I Glass' (OI) Q2 Earnings & Revenues Dip Y/Y on Low Demand

O-I Glass, Inc. (OI) CEO Andres Lopez on Q2 2020 Results - Earnings Call Transcript

U.S. glass manufacturer O-I Glass Inc is seeking to seize an oil tanker owned by Venezuela to collect part of a $500 million arbitration award it won after the 2010 expropriation of two manufacturing plants, according to a summons filed with a Singapore court seen by Reuters.

U.S. glass maker seeks to seize Venezuela-owned oil tanker to collect award, court papers show

O-I lost a lot of money in Q2 -- but business is already improving.

Why O-I Glass Stock Popped 11% After Missing on Earnings

Shares of O-I Glass (NYSE:OI) decreased 3% in after-market trading after the company reported Q2 results.

O-I Glass: Q2 Earnings Insights

Improving business trends as markets reopen Improving business trends as markets reopen

O-I REPORTS SECOND QUARTER 2020 RESULTS

PERRYSBURG, Ohio, July  31, 2020  (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE   

O-I Glass Completes the Sale of ANZ Business Unit

O-I Glass Inc shows rising price performance, earning an upgrade to its IBD Relative Strength Rating
The post Stocks Showing Improved Relative Strength: O-I Glass Inc appeared first on Investor's Business Daily.

Stocks Showing Improved Relative Strength: O-I Glass Inc

The company is selling a major part of the business to pay down debt.

News for Owens-Illinois Stock (OI)