O-I Glass Q4 EPS Turns Profit at $0.20, Revenues $1.50B Top Estimates
O-I Glass posted Q4 adjusted EPS of $0.20 versus the $0.19 estimate, swinging from a $0.05 loss a year earlier and delivering a 5.3% surprise. Revenues reached $1.50 billion, topping the $1.48 billion consensus but down from $1.53 billion a year ago.
1. Q4 Financial Results
O-I Glass reported adjusted Q4 EPS of $0.20 per share, surpassing the $0.19 consensus by 5.3% and reversing a $0.05 per share loss in the prior year. Quarterly revenues totaled $1.50 billion, edging past the $1.48 billion estimate but down from $1.53 billion a year earlier. The company has beaten EPS estimates in each of the last four quarters and revenue estimates in three of the past four.
2. Stock Performance
Shares of O-I Glass have advanced 11.3% year-to-date, outpacing the S&P 500's 1.7% gain, driven by consistent earnings surprises. The Glass Products industry ranks in the lowest quintile among peers, underscoring broader sector headwinds.
3. Outlook and Analyst Estimates
Analysts currently forecast $0.43 EPS on $1.59 billion revenue for Q1 and $1.92 EPS on $6.53 billion revenue for the full fiscal year. Trends in estimate revisions and upcoming management commentary are key near-term drivers of stock performance.