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O-I Glass (OI) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended June 2026, O-I Glass (OI - Free Report) reported revenue of $1.67 billion, down 2.2% over the same period last year. EPS came in at $0.09, compared to $0.53 in the year-ago quarter.
The reported revenue represents a surprise of +4.51% over the Zacks Consensus Estimate of $1.6 billion. With the consensus EPS estimate being $0.22, the EPS surprise was -59.09%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how O-I Glass performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Geographic Revenue- Americas: $949 million compared to the $901.6 million average estimate based on two analysts. The reported number represents a change of +0.6% year over year.
Geographic Revenue- Europe: $704 million versus $672.06 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -5% change.
Net Sales- Other: $15 million compared to the $22.37 million average estimate based on two analysts. The reported number represents a change of -31.8% year over year.
Net Sales- Reportable segment totals: $1.65 billion compared to the $1.61 billion average estimate based on two analysts.
Shares of O-I Glass have returned -4.1% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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O-I Glass (OI) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended June 2026, O-I Glass (OI - Free Report) reported revenue of $1.67 billion, down 2.2% over the same period last year. EPS came in at $0.09, compared to $0.53 in the year-ago quarter.
The reported revenue represents a surprise of +4.51% over the Zacks Consensus Estimate of $1.6 billion. With the consensus EPS estimate being $0.22, the EPS surprise was -59.09%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how O-I Glass performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for O-I Glass here>>>
Shares of O-I Glass have returned -4.1% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.