O-I Glass (OI) Q1 Earnings Surpass Estimates

O-I Glass (OI) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $1.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25%. A quarter ago, it was expected that this glass container manufacturer would post earnings of $0.03 per share when it actually produced earnings of $0.12, delivering a surprise of 300%.Over the last four quarters, the ...