Refrigerant Services
Search documents
O-I Glass (OI) Tops Q3 Earnings and Revenue Estimates
ZACKSยท 2025-11-05 00:46
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]