O-I Glass (OI) Reports Q4 Loss, Misses Revenue Estimates

O-I Glass (OI) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to earnings of $0.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 54.55%. A quarter ago, it was expected that this glass container manufacturer would post earnings of $0.03 per share when it actually produced a loss of $0.04, delivering a surprise of -233.33%.Over the last four quarters, the ...