O-I Glass Reports First Quarter 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/24/2026
- S&P 500, Nasdaq end down on tech stocks, investors weigh Iran moves
- Oil drops more than $2 despite new US sanctions on Iran
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- Wattmore and Eos Energy strike non-exclusive storage software deal
- Grand Canyon Education places CFO on leave amid stock trade probe
- S&P 500, Nasdaq end down on tech stocks, investors weigh Iran moves
- Funds sell $44bn in semiconductors on AI concerns
- RUM Group signs $13.7 billion GPU services deal, issues warrants
O-I Glass (OI) Tops Q1 EPS by 1c
April 28, 2020 4:24 PM EDTO-I Glass (NYSE: OI) reported Q1 EPS of $0.41, $0.01 better than the analyst estimate of $0.40.
1Q Comments:
Reported Earnings: For the first quarter of 2020, the company recorded net earnings attributable to the company of $0.32 per share, compared with earnings of $0.51 per share (diluted) in the prior year period.Adjusted Earnings Were Consistent with Guidance: Excluding certain items management considers not representative of ongoing operations, first quarter 2020 adjusted earnings1 were $0.41 per share, compared with the prior year of $0.51 per share. Current quarter results were consistent with the companys guidance of $0.40 $0.45 per share. Solid... More