O-I Glass(US:OI) ZACKS·2025-11-26 18:21Core Viewpoint - O-I Glass (OI) shows a significant improvement in earnings outlook, making it an attractive investment option as analysts continue to raise earnings estimates for the company [1][2]. Earnings Estimate Revisions - Analysts' optimism regarding O-I Glass's earnings prospects is leading to higher estimates, which is expected to positively impact the stock price [2]. - The current quarter's earnings estimate is $0.18 per share, reflecting a substantial increase of +460.0% compared to the previous year [5]. - Over the last 30 days, the Zacks Consensus Estimate for O-I Glass has risen by 86.21%, with three estimates moving higher and no negative revisions [5]. - For the full year, the earnings estimate stands at $1.59 per share, indicating a +96.3% change from the year-ago figure [6]. - The consensus estimate for the current year has increased by 8.33% due to four upward revisions and no negative changes [6][7]. Zacks Rank and Performance - O-I Glass has achieved a Zacks Rank 2 (Buy), indicating strong agreement among analysts in revising earnings estimates upward [8]. - The Zacks Rank system has a proven track record, with Zacks 1 Ranked stocks averaging an annual return of +25% since 2008 [3]. - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) are shown to significantly outperform the S&P 500 [8]. Recent Stock Performance - O-I Glass shares have increased by 8.8% over the past four weeks, suggesting investor confidence in the company's earnings growth prospects [9].