O-I Glass (OI) Tops Q3 EPS by 13c

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Go back to O-I Glass (OI) Tops Q3 EPS by 13c

O-I REPORTS THIRD QUARTER 2020 RESULTS

October 27, 2020 4:21 PM EDT

Strong Rebound After A Challenging Second Quarter Due to the Pandemic

PERRYSBURG, Ohio, Oct. 27, 2020 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE

O-I Glass, Inc. (O-I) (NYSE: OI) today reported financial results for the third quarter ended September 30, 2020.

After a very challenging second quarter due to the pandemic, earnings rebounded strongly during the third quarter. Sales volumes recovered very well reflecting consumers affinity for healthy and sustainable glass packaging. Likewise, continued strong operating performance substantially offset the impact of lower production levels as capacity was gradually... More