Financial Performance - Second quarter 2025 adjusted earnings per share (aEPS) was $0.53, a 20% increase from the prior year[6] - The company is increasing its 2025 aEPS guidance to $1.30 - $1.55, driven by strong year-to-date performance and Fit To Win (F2W) benefits[6, 14] - First half 2025 shipments were up nearly 1% compared to the prior year, while second quarter 2025 shipments were down approximately 3%[6, 8] Fit To Win Program - The Fit To Win program delivered $84 million in savings in the second quarter 2025, bringing the first half 2025 savings to $145 million[6] - The company is targeting ≥ $650 million in Fit To Win savings by 2027[10] - The Fit To Win program is expected to provide lower cost and capital intensity capacity compared to the MAGMA program, which is being halted[6] Market Conditions and Outlook - The company is navigating mixed market conditions, with Americas up in mid-single digits (MSD) and Europe down high-single digits (HSD) in the second quarter 2025[8] - Full year 2025 sales volume is expected to be stable compared to the prior year[9] - The improved outlook may not fully reflect the potential impact of elevated uncertainty related to changing global trade policies[15] Trade and Tariffs - Approximately 14% of O-I Glass' global sales volume crosses the U S border and is exposed to new tariffs, with 9.5% expected to be exempt due to USMCA compliance, leaving a net 4.5% potentially exposed[29]

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps investors identify stocks with momentum by focusing on key metrics [2] Group 2: O-I Glass (OI) Analysis - O-I Glass currently has a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating strong potential for outperformance [3][4] - Over the past week, O-I Glass shares increased by 3.39%, significantly outperforming the Zacks Glass Products industry, which rose by only 0.19% [6] - In the last quarter, O-I Glass shares rose by 25.46%, and over the past year, they increased by 29.87%, while the S&P 500 only moved 6.75% and 11.69% respectively [7] Group 3: Trading Volume and Earnings Outlook - The average 20-day trading volume for O-I Glass is 1,324,480 shares, indicating a bullish sign with rising stock prices [8] - In terms of earnings outlook, there have been 3 upward revisions in earnings estimates for the full year, raising the consensus estimate from $1.28 to $1.40 over the past 60 days [10]

Financial Performance - First quarter 2025 adjusted earnings per share (aEPS) was $0.40, exceeding management's plan but below the prior year's $0.45[6, 7] - The company reaffirms its 2025 earnings guidance, expecting a 50% to 85% improvement from 2024, with adjusted EPS between $1.20 and $1.50, compared to $0.81 in 2024[6, 13, 14] - Free cash flow is projected to be between $150 million and $200 million in 2025, a significant improvement from the negative $128 million in 2024[14] Sales Volume and Demand - First quarter 2025 sales volume increased by approximately 4.4%, driven by inventory normalization and advanced purchases ahead of new tariffs[6, 8, 9] - Sales volume in both the Americas (AM) and Europe (EU) regions increased by approximately 4% in the first quarter of 2025[9] - The company anticipates stable sales volume for the full year 2025 compared to the prior year, with a reassessment planned for mid-2025 based on favorable trends[9] Fit To Win Savings Initiative - The company achieved $61 million in savings from its Fit To Win initiative in the first quarter of 2025[6, 10] - The Fit To Win program is on track to achieve savings of at least $650 million by 2027, with $250 million or more targeted for 2025[10] Tariff Exposure and Mitigation - Approximately 4.5% of the company's global sales volume is currently exposed to new tariffs, primarily affecting U S imports from the EU[21, 22] - The company emphasizes its local supply chain, with approximately 85% of sales and supply within 300 miles of its plants, to mitigate tariff-driven consumer volatility[22]