Why Is O-I Glass (OI) Down 3.7% Since Last Earnings Report? [Yahoo! Finance]
O-I Glass, Inc. (OI)
Last o-i glass, inc. earnings: 4/28 04:20 pm
Check Earnings Report
US:NYSE Investor Relations:
investors.o-i.com/phoenix.zhtml?c=88324&p=irol-calendar
Company Research
Source: Yahoo! Finance
Will the recent negative trend continue leading up to its next earnings release, or is O-I Glass due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. O-I Glass Tops Q2 Earnings Estimates, Lowers '24 Outlook O-I Glass reported second-quarter 2024 adjusted earnings per share (EPS) of 44 cents, which beat the Zacks Consensus Estimate of 42 cents. On a year-over-year basis, earnings fell 50%, reflecting lower demand. Including one-time items, O-I Glass reported an EPS of 36 cents for the quarter compared with 69 cents in the prior-year quarter. Operational Update Revenues were $1.73 billion for the quarter under review, down 8.5% from the year-ago quarter mainly due to lower average selling prices, unfavorable foreign currency translation and lower sales volume. The top line missed the Zacks Consensus Estimate of $1.75 bil
Show less
Read more
Impact Snapshot
Event Time:
OI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
OI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
OI alerts
High impacting O-I Glass, Inc. news events
Weekly update
A roundup of the hottest topics
OI
News
- O-I Glass, Inc. (NYSE: OI) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- O-I Glass, Inc. (NYSE: OI) had its price target lowered by analysts at Royal Bank of Canada from $18.00 to $16.00. They now have an "outperform" rating on the stock.MarketBeat
- O-I Glass, Inc. (NYSE: OI) had its price target lowered by analysts at Barclays PLC from $14.00 to $13.00. They now have an "equal weight" rating on the stock.MarketBeat
- O-I GLASS REPORTS THIRD QUARTER 2024 RESULTS [Yahoo! Finance]Yahoo! Finance
- O-I GLASS REPORTS THIRD QUARTER 2024 RESULTSGlobeNewswire
OI
Earnings
- 10/29/24 - Miss
OI
Sec Filings
- 10/30/24 - Form 10-Q
- 10/29/24 - Form 8-K
- 10/22/24 - Form 8-K
- OI's page on the SEC website