Group 1: Company Overview - O-I Glass (OI) is part of the Industrial Products group, which includes 186 companies and ranks 12 in the Zacks Sector Rank [2] - O-I Glass currently holds a Zacks Rank of 2 (Buy), indicating a favorable outlook based on earnings estimate revisions [3] Group 2: Performance Metrics - O-I Glass has seen an 8.3% increase in the Zacks Consensus Estimate for its full-year earnings over the past quarter, reflecting improved analyst sentiment [4] - Year-to-date, O-I Glass has returned approximately 17.2%, outperforming the Industrial Products sector's average return of 2.6% [4] - In comparison, Standex International (SXI) has returned 21.4% year-to-date and also holds a Zacks Rank of 2 (Buy) [5] Group 3: Industry Context - O-I Glass belongs to the Glass Products industry, which ranks 13 in the Zacks Industry Rank and has seen a decline of about 16.9% year-to-date, indicating O-I Glass's relative strength [6] - Standex International is part of the Manufacturing - General Industrial industry, which has returned +5.4% year-to-date and ranks 151 [6] Group 4: Investment Outlook - Investors interested in Industrial Products stocks should monitor O-I Glass and Standex International for their continued solid performance [7]

Market Overview - The current market is experiencing sideways movement, with optimism and caution balancing each other, leading to elevated valuations near record highs [1] - Mixed economic data and uncertain Federal Reserve timing are preventing investors from adopting a fully bullish stance [1] - Earnings reports have been solid but not catalytic, resulting in a stable yet selective market with modest and uneven gains [1] Broker Recommendations - Following brokers' recommendations can help investors identify potential winning stocks, such as Insulet Corporation (PODD), Sandisk Corporation (SNDK), and O-I Glass, Inc. (OI) [2] - Brokers develop informed perspectives through direct engagement with management, detailed analysis of public disclosures, and participation in earnings calls, providing valuable context for stock performance [3] Stock Performance and Projections - Insulet (PODD) is expected to see a 50.9% year-over-year increase in earnings for 2025 and has experienced a 4% upward revision in broker ratings over the past four weeks [8][9] - Sandisk (SNDK) is projected to have a 308% surge in fiscal 2026 earnings year-over-year and has seen a 5.6% increase in broker ratings [10] - O-I Glass (OI) anticipates a 96.3% year-over-year jump in 2025 earnings, with a 10% rise in broker ratings recently [11] Stock Selection Strategy - A screening strategy is proposed to identify stocks with broker rating upgrades of 1% or more over the past four weeks, priced above $5, and with an average 20-day volume greater than 100,000 [5] - Stocks with a Zacks Rank of 1 (Strong Buy) or 2 (Buy) have a proven record of success, especially when combined with a VGM Score of A or B [6]

Core Insights - Two stocks in the materials sector are signaling potential warnings for momentum-focused investors as of November 6, 2025 [1] Company Performance - O-I Glass Inc reported better-than-expected third-quarter financial results, raising its FY25 adjusted EPS guidance above estimates, with a significant stock gain of around 18% over the past five days and a 52-week high of $16.04 [7] - CVR Partners LP posted third-quarter EPS of $4.08, a substantial increase from 36 cents per share in the previous year, with a stock gain of approximately 5% over the past month and a 52-week high of $99.77 [7] Technical Indicators - O-I Glass has an RSI value of 76, indicating it is overbought, with shares closing at $13.47 after a 14.2% increase [7] - CVR Partners has an RSI value of 73.8, also indicating it is overbought, with shares closing at $99.11 after a 1.1% increase [7]

Financial Performance - Net sales for the third quarter of 2025 were $1,653 million, a decrease of $26 million, or 2%, compared to $1,679 million in the same period of 2024[100][105] - Net earnings attributable to the Company were $30 million, or $0.19 per share (diluted), in the third quarter of 2025, compared to a net loss of $80 million, or $0.52 per share, in the same period of 2024[104] - Net sales for the first nine months of 2025 decreased by $76 million, or 2%, to $4,926 million, primarily due to lower sales volumes and average selling prices[121] - The Company reported a net earnings decrease of $209 million, or $1.35 per share, in the first nine months of 2025 due to restructuring and other charges[142] Segment Performance - Segment operating profit for reportable segments increased by $91 million, or 63%, to $235 million in the third quarter of 2025, compared to $144 million in the same period of 2024[112] - The Americas segment reported net sales of $940 million, unchanged from the prior year, with a 7% decrease in glass container shipments[108] - Europe segment net sales were $688 million, a decrease of $18 million, or 3%, with lower average selling prices contributing to the decline[109] - In the Americas, net sales increased by $63 million, or 2%, to $2,756 million in the first nine months of 2025, driven by higher selling prices[127] - In Europe, net sales decreased by $121 million, or 5%, to $2,095 million in the first nine months of 2025, impacted by lower average selling prices and shipments[128] Costs and Expenses - Net interest expense rose to $91 million in the third quarter of 2025, up from $87 million in the same period of 2024[117] - Net interest expense increased by $5 million to $257 million in the first nine months of 2025, primarily due to higher write-offs related to refinancing[140] - The effective tax rate for the first nine months of 2025 was 68.7%, up from 62.6% in the same period of 2024, influenced by restructuring charges and adjustments to deferred income taxes[141] - The Company recorded restructuring and other charges of approximately $61 million and $252 million for the three and nine months ended September 30, 2025, respectively[150] Operational Initiatives - The Company experienced a favorable impact of $60 million from its Fit to Win initiatives, which helped reduce operating costs in the third quarter of 2025[112] - The Company anticipates generating more than $275 million to $300 million in Fit To Win benefits in 2025, with cumulative benefits expected to reach at least $650 million through 2027[146] - Retained corporate costs decreased to $26 million in Q3 2025 from $31 million in Q3 2024, driven by benefits from the Fit To Win initiative[148] Cash Flow and Financing - Cash provided by operating activities is expected to approximate $600 million for 2025, while capital expenditures are projected to be between $400 million and $450 million[147] - Cash provided by operating activities increased to $198 million for the nine months ended September 30, 2025, compared to $171 million in the same period in 2024[165] - Cash utilized in investing activities was $309 million for the nine months ended September 30, 2025, down from $506 million in the same period in 2024[167] - Cash utilized in financing activities was $103 million for the nine months ended September 30, 2025, compared to cash provided of $184 million in the same period of 2024[169] - The Company anticipates sufficient cash flows from operations and credit facilities to meet short-term and long-term obligations[170] - The Company is actively managing its business to maintain cash flow and has significant liquidity[170] Market and Economic Conditions - The ongoing conflict between Russia and Ukraine has increased volatility in the global gas market, potentially affecting the Company's energy costs and supply[116] - The Company cannot reasonably estimate the negative financial impact from global trade policy changes and the Russia-Ukraine conflict, which could be material[170] - The Company faces various risks that could impact future financial performance, including supply chain disruptions and changes in consumer preferences[176] Future Outlook - The Company expects to continue rolling out ULTRA technology, aiming to reduce the weight of glass containers by up to 30%[145] - Forward-looking statements are based on assumptions and analyses that may not guarantee future performance, with actual results potentially differing materially[177]

Core Insights - O-I Glass reported strong quarterly results, with stock prices rising nearly 15%, outperforming the S&P 500 index's 0.8% gain [1] Financial Performance - For the third quarter, O-I Glass's net sales were flat year-over-year at $1.7 billion, with overall volume down but offset by higher average selling prices [3] - The company achieved a net income of $75 million, or $0.48 per share, compared to a loss of $6 million in the previous year [3] - Both net sales and earnings per share exceeded analyst estimates of $1.66 billion and $0.42 respectively [4] Future Guidance - Management raised its adjusted earnings guidance for 2025 to a range of $1.55 to $1.65 per share, up from a previous projection of $1.30 to $1.55, with the new low end above the consensus estimate of $1.47 [5] - O-I Glass maintained its forecast for free cash flow at $150 million to $200 million [6]

Financial Data and Key Metrics Changes - The company reported third quarter adjusted earnings of $0.48 per share, exceeding both last year's performance and initial plans [2][10] - Segment operating profit rose by more than 60% year over year, with margins improving by 570 basis points [3][11] - Full year 2025 adjusted earnings guidance has been raised to a range of $1.55-$1.65 per share, nearly double the 2024 results [4][12] Business Line Data and Key Metrics Changes - Revenue growth was observed in non-alcoholic beverages, food, and ready-to-drink (RTD) categories, while beer and wine experienced declines due to softer consumer demand [3][9] - The fit-to-win initiative contributed $75 million in the third quarter and $220 million year to date, with expectations to surpass the original 2025 savings target [3][6] Market Data and Key Metrics Changes - Net sales remained stable at approximately $1.7 billion, with a decline in shipments by 5% due to lower performance in beer and wine [9][10] - The company anticipates a 2% decline in sales volumes for the full year, consistent with softer consumer demand [5][12] Company Strategy and Development Direction - The company is focused on eliminating waste and inefficiencies, building higher quality revenue streams, and delivering a more profitable portfolio [5][6] - The fit-to-win initiative is ahead of schedule, with significant cost reductions and network optimization to enhance competitiveness [6][8] Management's Comments on Operating Environment and Future Outlook - Management acknowledged ongoing macroeconomic headwinds but emphasized that the strategic initiatives are delivering results [3][4] - The company expects continued growth in adjusted earnings and free cash flow in 2026, with a stable top line and improved margins [4][15] Other Important Information - Free cash flow is projected at $150-$200 million, an improvement of approximately $300 million versus last year [13][14] - The company has successfully refinanced its bank credit agreement, improving leverage and extending maturities [13][14] Q&A Session Summary Question: How much of the recent decline is cyclical versus structural? - Management indicated that beer and wine are experiencing declines, with some aspects being cyclical while others are structural due to changing consumer preferences [20][22] Question: What is the impact of the 13% capacity cut between regions? - The Americas have seen more progress in capacity cuts compared to Europe, with 8% completed and the remaining actions expected to be finalized by early next year [27][39] Question: Can you elaborate on the volume cadence and profitability? - Management noted that about 2% of the volume decline is due to softer consumer demand, while 3% is attributed to network optimization and exiting unprofitable business [31][32] Question: What is the outlook for Brazil's market? - Management highlighted strong growth in non-alcoholic beverages and spirits in Brazil, despite declines in beer due to weather and consumer spending challenges [40][41] Question: How is the company managing pricing resets with customers? - Management expects gross pricing to be up, with a focus on improving profitability and not chasing volume for the sake of volume [61][62]

Financial Performance Highlights - The company's adjusted earnings per share (aEPS) for 3Q25 was $0.48, a significant improvement from 3Q24's $(0.04)[6, 9] - Segment operating profit increased by 63% and margins increased by 570 basis points[8] - Net sales remained relatively stable, with a slight decrease from $1.679 billion in 3Q24 to $1.653 billion in 3Q25[11, 14] - The company is raising its 2025 earnings guidance and now expects $1.55 - $1.65 aEPS, approximately a 2x improvement compared to the previous year[8] Fit to Win Program - The Fit to Win program contributed $75 million in benefits during 3Q25, bringing the year-to-date total to $220 million[8] - The company expects to exceed its 2025 Fit to Win savings target, with solid progress towards achieving ≥ $650 million in savings by 2027[12] Segment Performance - Segment operating profit in the Americas increased by 59%, from $88 million in 3Q24 to $140 million in 3Q25[16, 17] - Segment operating profit in Europe increased by 70%, from $56 million in 3Q24 to $95 million in 3Q25[16, 17] Future Outlook - The company expects higher aEPS and free cash flow (FCF) in 2026, with continued progress towards its 2027 Investor Day (I-Day) goals[8] - Capital expenditures (CapEx) are expected to remain stable at approximately $450 million[20]

Core Insights - O-I Glass reported quarterly earnings of $0.48 per share, exceeding the Zacks Consensus Estimate of $0.44 per share, and showing a significant improvement from a loss of $0.04 per share a year ago [1] - The company achieved revenues of $1.65 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 0.78%, although this represents a slight decline from year-ago revenues of $1.68 billion [2] - O-I Glass has consistently surpassed consensus EPS estimates over the last four quarters, indicating strong performance [2] Earnings Performance - The earnings surprise for the recent quarter was +9.09%, following a previous surprise of +29.27% when actual earnings were $0.53 compared to an expected $0.41 [1][2] - The current consensus EPS estimate for the upcoming quarter is $0.10, with projected revenues of $1.5 billion, and for the current fiscal year, the estimate is $1.47 on revenues of $6.41 billion [7] Stock Performance and Outlook - O-I Glass shares have increased approximately 8.5% since the beginning of the year, underperforming compared to the S&P 500's gain of 16.5% [3] - The company's Zacks Rank is currently 3 (Hold), suggesting that shares are expected to perform in line with the market in the near future [6] Industry Context - The Glass Products industry, to which O-I Glass belongs, is currently ranked in the top 39% of over 250 Zacks industries, indicating a favorable position within the market [8] - Historical data shows that the top 50% of Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1, suggesting potential for growth in the industry [8]

Financial Performance - O-I Glass reported third quarter 2025 net sales of $1.7 billion, consistent with the prior year period, benefiting from higher average selling prices and favorable currency translation [4]. - Net earnings attributable to the company were $0.19 per share (diluted), a significant improvement from a net loss of $0.52 per share in the prior year [6]. - Adjusted earnings per share were $0.48, up from an adjusted loss of $0.04 per share in the third quarter of 2024 [7]. - Segment operating profit increased to $235 million, up from $144 million in the same period of 2024, representing a 570 basis point improvement in margins [5]. - The company raised its full-year 2025 adjusted earnings guidance to $1.55 - $1.65 per share, nearly double last year's results [9]. - Free cash flow is expected to be between $150 million and $200 million, representing an improvement of approximately $300 million over the prior year [11]. - The adjusted effective tax rate is expected to be approximately 33 - 36 percent for the full year [12]. Segment Performance - The Americas segment operating profit rose to $140 million, a 59% improvement from the prior year, while Europe segment operating profit increased to $95 million, a 70% increase [10]. - Net sales for Q3 2025 were $1,653 million, a decrease of 1.5% from $1,679 million in Q3 2024 [26]. - The Americas segment reported net sales of $940 million, unchanged from Q3 2024, while the Europe segment saw a decrease to $688 million from $706 million [33]. - Segment operating profit margin improved to 14.4% in Q3 2025, up from 8.7% in Q3 2024, indicating enhanced operational efficiency [33]. - Net sales for reportable segments in Q3 2024 totaled $1,646 million, a decrease from $1,628 million in Q3 2025, reflecting a decline of approximately 1.1% [35]. - Segment operating profit for Q3 2024 was $144 million, compared to $235 million in Q3 2025, indicating a significant increase of approximately 63.2% [35]. Cash Flow and Assets - Cash provided by operating activities for Q3 2025 was $214 million, an increase from $191 million in Q3 2024 [30]. - Total assets as of September 30, 2025, were $9,258 million, up from $8,654 million at the end of 2024 [28]. - The Company reported a decrease in inventories to $982 million as of September 30, 2025, compared to $1,050 million a year earlier [28]. - Long-term debt increased to $4,946 million as of September 30, 2025, from $4,553 million at the end of 2024 [28]. - The Company utilized $100 million for capital expenditures in Q3 2025, down from $136 million in Q3 2024 [30]. - Free cash flow forecast for the year ending December 31, 2025, is projected to be between $150 million and $200 million, compared to a negative free cash flow of $128 million in 2024 [41]. Earnings Recovery - Net earnings attributable to the Company for Q3 2025 were $30 million, a significant recovery from a loss of $80 million in Q3 2024 [26]. - The adjusted earnings for Q3 2025 were $75 million, a recovery from a loss of $6 million in Q3 2024, representing a substantial turnaround [38]. - The company reported a net loss attributable to the company of $80 million in Q3 2024, which improved to a net earnings of $30 million in Q3 2025 [38]. Future Outlook - O-I's Fit to Win initiatives delivered $75 million in benefits during the third quarter and $220 million year-to-date, with an annual target of $250 million for 2025 [3]. - The company anticipates continued momentum in 2026 and beyond, with further increases in adjusted earnings and free cash flow as it implements its strategy [3]. Cost and Pricing Impact - Operating costs for the nine months ended September 30, 2024, were $133 million, while for the same period in 2025, they are expected to be lower at $669 million [35]. - The impact of foreign currency rates on net sales for the nine months ended September 30, 2024, was a positive $6 million, contrasting with a negative impact of $72 million in the Americas segment [35]. - The company experienced a net price impact (net of cost inflation) of $(14) million for the nine months ended September 30, 2024, while it is expected to improve to $219 million in 2025 [35]. Share Dilution - The diluted average shares outstanding increased from 154,619 thousand in Q3 2024 to 155,215 thousand in Q3 2025, indicating a slight increase in share dilution [38].

PERRYSBURG, Ohio, Nov. 04, 2025 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE              Stable Top-line With Significantly Higher Margins and EarningsContinued Strong Fit To Win Execution Drives Upgraded 2025 Earnings Guidance  O-I Glass, Inc. (“O-I”) (NYSE: OI) today reported financial results for the third quarter ended September 30, 2025.  Net Earnings (Loss) Attributable to the Company Per Share (Diluted)Earnings (Loss) Before Income Taxes$M3Q253Q243Q253Q24Reported$0.19 ($0.52) $58(margins up 690 basis p ...