News & Insights

Markets
OI

O-I Glass, Inc. Q3 adjusted earnings Beat Estimates

October 27, 2020 — 06:08 pm EDT

Written by RTTNews.com for RTTNews ->

(RTTNews) - Below are the earnings highlights for O-I Glass, Inc. (OI):

-Earnings: $328 million in Q3 vs. -$575 million in the same period last year. -EPS: $2.06 in Q3 vs. -$3.69 in the same period last year. -Excluding items, O-I Glass, Inc. reported adjusted earnings of $65 million or $0.41 per share for the period. -Analysts projected $0.28 per share -Revenue: $1.62 billion in Q3 vs. $1.67 billion in the same period last year.

-Guidance: Next quarter EPS guidance: $0.30 to $0.35

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

Markets
RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source ->

Stocks mentioned

OI

More Related Articles

  • •

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.