O-I REPORTS SECOND QUARTER 2017 RESULTS; Continued strong business performance and favorable non-operational tailwinds drive 2017 earnings guidance higher

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Owens-Illinois (OI) PT Raised to $27 at Jefferies

August 2, 2017 9:21 AM EDT

Jefferies raised its price target on Owens-Illinois (NYSE: OI) to $27.00 (from $26.00) while maintaining a Hold rating. Analyst Philip Ng believes that Management has done a good job improving stability to the business and is driving margins higher.

While management raised FY guidance... More

Owens-Illinois (OI) Tops Q2 EPS by 8c; Guides Higher

July 31, 2017 4:37 PM EDT

Owens-Illinois (NYSE: OI) reported Q2 EPS of $0.75, $0.08 better than the analyst estimate of $0.67. Revenue for the quarter came in at $1.8 billion versus the consensus estimate of $1.77 billion.

"O-I has delivered a strong first half, reflecting strong business performance from higher shipments and... More