O-I Glass Inc

NYSE:OI   12:22:45 PM EDT
14.45
-0.04 (-0.28%)
Other Pre-Announcement

O-I Glass Reports Q2 2022 Results

Published: 08/02/2022 21:37 GMT
O-I Glass Inc (OI) - O-i Glass Reports Second Quarter 2022 Results.
Q2 Sales $1.8 Billion.
For Q2 2022, Net Earnings Attributable to Company Were $1.59 per Share.
Qtrly Adjusted EPS $0.73.
Increased Full-year 2022 Financial Outlook.
Qtrly Shipments (in Tons, Excluding Divestitures) Improved Approximately One Percent.
Expects Third Quarter 2022 Adjusted Earnings Will Approximate $0.55 to $0.60 per Share.
Expects Adjusted Earnings per Share of Between $2.05 and $2.20 per Share for Full Year 2022.
Expects Expects Adjusted Free Cash Flow of at Least $400 Million and Free Cash Flow of at Least $175 Million for Full Year 2022.
Q2 Earnings per Share View $0.65, Revenue View $1.74 Billion -- Refinitiv Ibes Data (analyst estimates).
Q3 Earnings per Share View $0.58 -- Refinitiv Ibes Data (analyst estimates).
FY2022 Earnings per Share View $2.10 -- Refinitiv Ibes Data (analyst estimates).