SAN DIEGO, Oct. 30, 2026 (GLOBE NEWSWIRE) -- Shareholder rights law firm Robbins LLP informs investors that a class action was filed on behalf of all persons who purchased or otherwise acquired O-I Glass, Inc. (NYSE: OI) common stock between March 14, 2025 and July 28, 2026, inclusive (the “Class Period”). O-I Glass is a global manufacturer of glass containers for food, beverages and pharmaceuticals, serving customers in the United States, Europe and other international markets.
The complaint alleges that O-I Glass misled investors regarding its 2026 expected financial outlook.
Investors who purchased O-I Glass, Inc. common stock during the Class Period and suffered significant losses should contact Robbins LLP before December 28, 2026 for information about the lawsuit.
Why Was O-I Glass Sued?
According to the complaint, defendants provided investors with material information concerning O-I Glass’ expected financial outlook for 2026, including its expectations for adjusted EBITDA and free cash flow, as well as growth expectations for its glass-packaging business. Defendants’ statements included, among other things, confidence in O-I Glass’ ability to drive growth through its Fit to Win initiative, emphasizing “a more premium and resilient business portfolio” and disciplined pricing, while navigating challenges in its European operations.
Plaintiff contends that defendants provided these overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of O-I Glass’ Fit to Win program, including the delay in achieving its targeted cost savings, higher than expected expenses, operational disruptions that materially offset Fit to Win benefits, and continued competitive and energy-cost pressures affecting its European operations. Such statements absent these material facts caused Plaintiff and other shareholders to purchase O-I Glass’ securities at artificially inflated prices.
Why Did O-I Glass Stock Drop?
Plaintiff alleges that the truth emerged after the market closed on July 28, 2026, when O-I Glass announced its second quarter 2026 financial results, substantially reducing its 2026 adjusted EBITDA and free cash flow guidance and realigning its 2027 Investor Day financial targets. On this news, the price of O-I Glass’ common stock declined from a closing market price of $9.06 per share on July 28, 2026, to $7.70 per share on July 29, 2026, a decline of about 15%.
What Can O-I Glass Investors Do Now?
Investors who purchased O-I Glass, Inc. common stock during the Class Period may be eligible to serve as lead plaintiff. The lead plaintiff is a court-appointed investor who represents the interests of all class members throughout the litigation. Shareholders who wish to seek appointment as lead plaintiff should contact Robbins LLP before the December 28, 2026 deadline for information about the appointment process.
Shareholders do not need to serve as lead plaintiff to share in any potential recovery. Those who do not seek appointment may remain absent class members.
Does It Cost Anything to Participate?
No. Robbins LLP represents investors on a contingency fee basis, with no upfront or out-of-pocket fees or expenses.
Contact Robbins LLP
Investors seeking additional information about the O-I Glass, Inc. securities class action may contact Robbins LLP by submitting an inquiry, emailing attorney Aaron Dumas, Jr., or calling (800) 350-6003.
Why Robbins LLP?
A recognized leader in shareholder rights litigation, Robbins LLP represents investors in securities fraud and shareholder derivative litigation. We have helped restore more than $2 billion in value to shareholders and secured some of the largest recoveries in shareholder derivative litigation history.
"Companies have an obligation to provide investors with complete and accurate information so that markets can function fairly and efficiently," said Brian J. Robbins, Founding Partner of Robbins LLP.
To be notified if a class action against O-I Glass, Inc. settles, or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.
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Why: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of O-I Glass, Inc. (NYSE: OI) between March 14, 2025 and July 28, 2026, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 28, 2026.
So what: If you purchased O-I Glass common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
What to do next: To join the O-I Glass class action, go to https://rosenlegal.com/cases/oi-glass-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 28, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Details of the case: According to the lawsuit, defendants provided investors with material information concerning O-I Glass' expected financial outlook for 2026, including its expectations for adjusted EBITDA and free cash flow, as well as growth expectations for its glass-packaging business. Defendants' statements included, among other things, confidence in O-I Glass' ability to drive growth through its Fit to Win initiative, emphasizing "a more premium and resilient business portfolio" and disciplined pricing, while navigating challenges in its European operations.
According to the lawsuit, defendants provided these overwhelmingly positive statements to investors while simultaneously disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of O-I Glass' Fit to Win program, including the delay in achieving its targeted cost savings, higher than expeted expenses, operation disruptions that materially offset Fit to Win benefits, and continued competitive and energy-cost pressures affecting its European operations. Such statements absent these material facts caused O-I Glass investors to purchase O-I Glass' securities at artificially inflated prices. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the O-I Glass class action, go to https://rosenlegal.com/cases/oi-glass-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
LOS ANGELES--(BUSINESS WIRE)--O-I Glass, Inc. ("O-I Glass" or the "Company") investors who lost money may have claims to recover their losses. The Law Offices of Frank R. Cruz today announced it is investigating potential securities fraud claims on behalf of investors in O-I Glass, Inc. (NYSE: OI), examining whether the Company may have violated the federal securities laws. The investigation centers on the disclosure about O-I Glass, Inc. on July 28, 2026.If you lost money on O-I Glass, Inc. sec.
NEW YORK--(BUSINESS WIRE)---- $OI #ClassActionLawsuit--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed on behalf of investors who acquired OI-Glass, Inc. (“OI-Glass” or the “Company”) (NYSE: OI) securities between March 14, 2025 and July 28, 2026, inclusive (“the Class Period”). If you suffered a loss on your OI-Glass investments, you have until December 28, 2026 to request lead plaintiff appointment. [CONTACT THE FIRM IF YOU SUFFERED A LOSS] Investors are encouraged to fill out th.
New York, New York--(Newsfile Corp. - October 30, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of O-I Glass, Inc. (NYSE: OI) between March 14, 2025 and July 28, 2026, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 28, 2026.
SO WHAT: If you purchased O-I Glass common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the O-I Glass class action, go to https://rosenlegal.com/cases/oi-glass-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 28, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants provided investors with material information concerning O-I Glass' expected financial outlook for 2026, including its expectations for adjusted EBITDA and free cash flow, as well as growth expectations for its glass-packaging business. Defendants' statements included, among other things, confidence in O-I Glass' ability to drive growth through its Fit to Win initiative, emphasizing "a more premium and resilient business portfolio" and disciplined pricing, while navigating challenges in its European operations.
According to the lawsuit, defendants provided these overwhelmingly positive statements to investors while simultaneously disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of O-I Glass' Fit to Win program, including the delay in achieving its targeted cost savings, higher than expeted expenses, operation disruptions that materially offset Fit to Win benefits, and continued competitive and energy-cost pressures affecting its European operations. Such statements absent these material facts caused O-I Glass investors to purchase O-I Glass' securities at artificially inflated prices. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the O-I Glass class action, go to https://rosenlegal.com/cases/oi-glass-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/321834
Source: The Rosen Law Firm PA
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Lead Plaintiff Deadline: December 28, 2026. Investors who purchased (NYSE: OI) securities between March 14, 2025 and July 28, 2026 may be eligible to recover losses.
NEW YORK, Oct. 30, 2026 (GLOBE NEWSWIRE) -- Attorney Advertising--This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired O-I Glass securities between March 14, 2025 and July 28, 2026, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/cases/o-i-glass-inc-oi-class-action-lawsuit.
O-I Glass Case Details
The complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that:
O-I Glass was experiencing delays in achieving the targeted cost savings from its Fit to Win program;The Company faced higher-than-expected expenses and operational disruptions that materially offset the program’s benefits;Continued competitive and energy-cost pressures were affecting the Company’s European operations; andAs a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially false and/or misleading. What's Next for O-I Glass Investors?
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/cases/o-i-glass-inc-oi-class-action-lawsuit. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in O-I Glass you have until December 28, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.
No Cost to O-I Glass Investors
We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman, LLC for O-I Glass Securities Class Action?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com
"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.
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Contact Info
Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]
Attorney advertising.
Prior results do not guarantee similar outcomes.
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces a class action on behalf of purchasers of common stock of O-I Glass, Inc. (NYSE: OI) between March 14, 2025 and July 28, 2026, inclusive (the “Class Period”). O-I Glass is a manufacturer of glass containers. For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653. The Allegations: Rosen Law Firm is Investigating the Allegations that O-I Glass, Inc. (NYSE: OI) Misled.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In O-I Glass To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in O-I Glass between March 14, 2025 and July 28, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
NEW YORK, Oct. 30, 2026 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against O-I Glass, Inc. (“O-I Glass” or the “Company”) (NYSE: OI) and reminds investors of the December 28, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose the true state of O-I Glass' Fit to Win program, including the delay in achieving its targeted cost savings, higher than expected expenses, operational disruptions that materially offset Fit to Win benefits, and continued competitive and energy-cost pressures affecting its European operations. Such statements absent these material facts caused Plaintiff and other shareholders to purchase O-I Glass' securities at artificially inflated prices.
On July 28, 2026, O-I Glass announced its second quarter 2026 financial results, substantially reducing its 2026 adjusted EBITDA and free cash flow guidance and realigning its 2027 Investor Day financial targets. On this news, O-I Glass's stock price fell $1.36, or approximately 15%, to close at $7.70 per share on July 29, 2026.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding O-I Glass’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the O-I Glass class action, go to www.faruqilaw.com/OI or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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Frequently Asked Questions (FAQ) for Investors Regarding the O-I Glass Securities Class Action Lawsuit:
What is the O-I Glass securities fraud lawsuit about?
The lawsuit alleges that O-I Glass, Inc. and certain of its officers made materially false and misleading statements to investors during the Class Period concerning the company's "Fit to Win" restructuring program. Specifically, the complaint alleges that defendants concealed or misrepresented material adverse facts regarding delays in achieving targeted cost savings, higher-than-expected expenses, and operational disruptions that allegedly offset the program's benefits. The complaint further alleges that defendants failed to disclose continued competitive and energy-cost pressures affecting O-I Glass's European operations. As a result of these allegedly false and misleading statements, investors are alleged to have purchased O-I Glass securities at artificially inflated prices, suffering losses when the truth was ultimately disclosed.
Who may be eligible to participate in the lawsuit?
Investors who purchased or otherwise acquired O-I Glass, Inc. (NYSE: OI) securities on the open market between March 14, 2025 and July 28, 2026, inclusive, may be eligible to participate in this lawsuit. Eligibility to participate as a class member is not limited to those who apply to serve as lead plaintiff; any investor who purchased during the Class Period may potentially share in any recovery obtained. Eligible investors are encouraged to review their trading records for the relevant period to assess whether they may have suffered losses. Those with questions about their eligibility are encouraged to contact counsel for further information.
What is a lead plaintiff, and how can I seek appointment?
A lead plaintiff is a court-appointed representative who acts on behalf of all class members in directing the litigation, including making key decisions regarding litigation strategy and settlement. Any member of the proposed class who suffered losses from purchases of O-I Glass securities during the Class Period may move the court for appointment as lead plaintiff. The deadline to file a motion for appointment as lead plaintiff is December 28, 2026. Importantly, investors do not need to seek appointment as lead plaintiff to participate in the class action or to share in any recovery that may be obtained on behalf of the class.
Why should investors contact Faruqi & Faruqi, LLP?
Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased O-I Glass securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7f60c456-51b6-4096-a862-d5d3beda6cc5
ATLANTA, Oct. 30, 2026 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against O-I Glass, Inc.(“O-I Glass”) (NYSE: OI). The lawsuit alleges that Defendants made false and misleading statements and/or failed to disclose material adverse facts regarding the progress of O-I Glass’ Fit to Win program.
If you purchased O-I Glass shares between March 14, 2025, and July 28, 2026, and experienced a loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at [email protected], by toll-free telephone at (888) 508-6832, or by visiting the firm’s website at www.holzerlaw.com/case/o-i-glass/ for more information.
The deadline to ask the court to be appointed lead plaintiff in the case is December 28, 2026.
Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, 2022, 2023, and 2025, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.
CONTACT:
Corey D. Holzer, Esq.
(888) 508-6832 (toll-free) [email protected]
NEW YORK, Oct. 30, 2026 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Northern District of Ohio on behalf of all persons or entities who purchased or otherwise acquired O-I Glass, Inc. (“O-I Glass” or the “Company”) (NYSE: OI) securities between March 14, 2025 and July 28, 2026, inclusive (the “Class Period”). The class action charges O-I Glass and certain of O-I Glass’s top executives with violations of the Securities Exchange Act of 1934.
The Complaint alleges that Defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of O-I Glass’ Fit to Win program, including the delay in achieving its targeted cost savings, higher than expected expenses, operational disruptions that materially offset Fit to Win benefits, and continued competitive and energy-cost pressures affecting its European operations.
The Complaint also alleges that the truth emerged after the market closed on July 28, 2026 when O-I Glass announced its second quarter 2026 financial results, substantially reducing its 2026 adjusted EBITDA and free cash flow guidance and realigning its 2027 Investor Day financial targets. The Complaint continues to allege that investors and analysts reacted immediately to O-I Glass’ revelation. On this news, the price of O-I Glass’ common stock declined from a closing market price of $9.06 per share on July 28, 2026, O-I Glass’ stock price fell to $7.70 per share on July 29, 2026, a decline of about 15%.
Investors who purchased or otherwise acquired shares of O-I Glass should contact the Firm prior to the December 28, 2026 lead plaintiff motion deadline. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to discuss your rights or interests regarding this class action, please contact Thomas J. McKenna, Esq. or Gregory M. Egleston, Esq. of Gainey McKenna & Egleston at (212) 983-1300, or via e-mail at
SAN DIEGO--(BUSINESS WIRE)--Shareholder rights law firm Robbins LLP informs investors that a class action was filed on behalf of all persons who purchased or otherwise acquired O-I Glass, Inc. (NYSE: OI) common stock between March 14, 2025 and July 28, 2026, inclusive (the “Class Period”). O-I Glass is a global manufacturer of glass containers for food, beverages and pharmaceuticals, serving customers in the United States, Europe and other international markets.
The complaint alleges that O-I Glass misled investors regarding its 2026 expected financial outlook.
Investors who purchased O-I Glass, Inc. common stock during the Class Period and suffered significant losses should contact Robbins LLP before December 28, 2026 for information about the lawsuit.
Why Was O-I Glass Sued?
According to the complaint, defendants provided investors with material information concerning O-I Glass’ expected financial outlook for 2026, including its expectations for adjusted EBITDA and free cash flow, as well as growth expectations for its glass-packaging business. Defendants’ statements included, among other things, confidence in O-I Glass’ ability to drive growth through its Fit to Win initiative, emphasizing “a more premium and resilient business portfolio” and disciplined pricing, while navigating challenges in its European operations.
Plaintiff contends that defendants provided these overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of O-I Glass’ Fit to Win program, including the delay in achieving its targeted cost savings, higher than expected expenses, operational disruptions that materially offset Fit to Win benefits, and continued competitive and energy-cost pressures affecting its European operations. Such statements absent these material facts caused Plaintiff and other shareholders to purchase O-I Glass’ securities at artificially inflated prices.
Why Did O-I Glass Stock Drop?
Plaintiff alleges that the truth emerged after the market closed on July 28, 2026, when O-I Glass announced its second quarter 2026 financial results, substantially reducing its 2026 adjusted EBITDA and free cash flow guidance and realigning its 2027 Investor Day financial targets. On this news, the price of O-I Glass’ common stock declined from a closing market price of $9.06 per share on July 28, 2026, to $7.70 per share on July 29, 2026, a decline of about 15%.
What Can O-I Glass Investors Do Now?
Investors who purchased O-I Glass, Inc. common stock during the Class Period may be eligible to serve as lead plaintiff. The lead plaintiff is a court-appointed investor who represents the interests of all class members throughout the litigation. Shareholders who wish to seek appointment as lead plaintiff should contact Robbins LLP before the December 28, 2026 deadline for information about the appointment process.
Shareholders do not need to serve as lead plaintiff to share in any potential recovery. Those who do not seek appointment may remain absent class members.
Does It Cost Anything to Participate?
No. Robbins LLP represents investors on a contingency fee basis, with no upfront or out-of-pocket fees or expenses.
Contact Robbins LLP
Investors seeking additional information about the O-I Glass, Inc. securities class action may contact Robbins LLP by submitting an inquiry, emailing attorney Aaron Dumas, Jr., or calling (800) 350-6003.
Why Robbins LLP?
A recognized leader in shareholder rights litigation, Robbins LLP represents investors in securities fraud and shareholder derivative litigation. We have helped restore more than $2 billion in value to shareholders and secured some of the largest recoveries in shareholder derivative litigation history.
"Companies have an obligation to provide investors with complete and accurate information so that markets can function fairly and efficiently," said Brian J. Robbins, Founding Partner of Robbins LLP.
To be notified if a class action against O-I Glass, Inc. settles, or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.
Attorney Advertising. Past results do not guarantee a similar outcome.
NEW YORK, Oct. 29, 2026 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired common stock of O-I Glass, Inc. (“O-I Glass” or the “Company”) (NYSE: OI) between March 14, 2025, to July 28, 2026, inclusive. You are hereby notified that the class action lawsuit Bryan v. O-I Glass, Inc., et al. (Case No. 3:26-cv-02849) has been commenced in the United States District Court for the Northern District of Ohio. To get more information go to:
or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500. There is no cost or obligation to you.
According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material facts concerning the true state of O-I Glass’ Fit to Win program, including the delay in achieving its targeted cost savings, higher than expected expenses, operational disruptions that materially offset Fit to Win benefits, and continued competitive and energy-cost pressures affecting its European operations.
On July 28, 2026, O-I Glass announced its second quarter 2026 financial results, substantially reducing its 2026 adjusted EBITDA and free cash flow guidance and realigning its 2027 Investor Day financial targets.
On this news, the price of O-I Glass’ common stock declined from a closing market price of $9.06 per share on July 28, 2026, O-I Glass’ stock price fell to $7.70 per share on July 29, 2026, a decline of about 15%.
“Our firm is committed to ensuring that investors receive full compensation for losses caused by corporate misrepresentations,” said Joseph E. Levi, a partner at Levi & Korsinsky. “We encourage OI shareholders to step forward before the December 28, 2026 deadline so we can pursue justice on their behalf.”
If you suffered a loss in OI common stock, you have until December 28, 2026 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004 [email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
Is Consumer Discretionary a Dead End? These 3 Stocks Say NoO-I Glass NYSE: OI reported stable third-quarter sales but a sharp decline in adjusted earnings as pressure in Europe offset solid performance in the Americas. Management lowered its 2026 outlook, citing weaker volume, elevated European energy and freight costs, and a slower-than-expected recovery in the region.
Net sales were approximately $1.6 billion in the third quarter, with favorable currency translation largely offsetting modest declines in selling prices and volume. Shipments fell about 2% year over year, though CEO Gordon Hardie said shipment comparisons have continued to improve sequentially.
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Chaos and Cash: Finding Opportunity in VolatilityAdjusted earnings declined to a loss of $0.09 per share, compared with adjusted earnings of $0.48 per share in the prior-year quarter. CFO John Haudrich said lower net price was the primary headwind, while an unusually high tax rate related primarily to lower European earnings also weighed on results.
Europe Drives Earnings Decline The company’s European business remained the principal source of weakness. European net sales declined about 8% to $634 million, as selling prices and sales volume each fell nearly 4% and currency translation was unfavorable. Segment operating profit dropped to $2 million from $95 million a year earlier.
Haudrich said competitive pricing pressure was the largest driver of Europe’s weaker performance. Energy and freight costs also came in about $15 million above the company’s expectations for the quarter. Southern European wine-related markets remained under pressure, while demand improved in the U.K. and was stable in Northern Europe.
Hardie called the European results “unacceptable” and said the company is accelerating its recovery plan. The effort centers on four areas:
Improving commercial performance and net pricing; Strengthening energy procurement, risk management and energy usage; Driving profitable volume growth through improved competitiveness; and Improving end-to-end supply chain productivity and execution. The company has reorganized European sales operations and added talent to focus on commercial execution, including the timing and structure of price-adjustment mechanisms. Hardie said O-I expects to pursue commercial actions and procurement initiatives to recover cost increases.
Management also said it has begun a process with employee representatives regarding the proposed permanent closure of an additional European plant. O-I believes its European system is operating in the mid-to-upper 90% utilization range after network actions, although the company said significant overcapacity persists in wine markets in Southern Europe.
Americas Remain Resilient In the Americas, third-quarter net sales increased more than 3% to $970 million. A roughly 1% decline in shipment volume was more than offset by a selling-price increase of just over 1.5% and favorable currency translation. Segment operating profit declined about 2% to $137 million, with the comparison including a $6 million insurance recovery recorded in the prior-year period.
Hardie said Latin America continued to perform strongly despite disruptions including an earthquake in the Andean region. In Brazil, the company said beer sales rose nearly 30% and non-alcoholic beverage sales increased about 18%. In the Andean region, O-I reported growth in non-alcoholic beverages and beer despite regional disruptions.
The company attributed the region’s performance to execution of its Fit to Win cost and operational-improvement program, along with customer collaboration. O-I said 2026 results in the Americas are expected to be nearly 50% above 2024 levels, driven by record Latin American performance.
Fit to Win Benefits and Updated Outlook Fit to Win generated about $50 million in third-quarter benefits, bringing year-to-date benefits to $135 million and cumulative benefits since inception to $460 million. The company now expects $180 million of net benefits in 2026, lower than previously anticipated because supply-chain challenges in Europe delayed some initiatives.
O-I expects deferred benefits to shift into 2027 and continues to target at least $650 million in cumulative Fit to Win benefits by the end of that year. Management said seven of its highest-opportunity European plants have not yet gone through the company’s Fit to Win or total organization effectiveness programs.
For 2026, O-I now expects adjusted EBITDA of $925 million to $950 million and free cash flow usage of about $300 million. The company expects its year-end leverage ratio to range between 4.5 times and 5 times, while liquidity stood at $1.5 billion at quarter-end.
The revised outlook reflects lower sales volume, including the estimated effect of the U.S.-Canada trade dispute, higher energy and freight costs, and slower delivery of European Fit to Win benefits. O-I expects full-year 2026 sales volume to decline 3% to 4% from 2025, although fourth-quarter enterprise shipments are expected to range from flat to up low single digits, aided by new business and easier comparisons.
Initial 2027 View Management expects higher net sales and adjusted EBITDA, improved free cash flow and lower leverage in 2027, though it plans to provide formal guidance during its next earnings call. Haudrich said O-I intends to generate positive free cash flow next year, supported by higher EBITDA, capital spending of about $400 million, lower restructuring costs and efforts to reduce inventory.
O-I has secured coverage for more than 90% of forecast European natural-gas needs for 2027, including full coverage for the first quarter. The company said the hedging position should reduce exposure to volatility, though covered energy costs will be higher than in 2026.
For 2027, O-I expects stable shipment volume as new business wins representing about 4% of annual sales volume offset sluggish underlying demand. Management expects at least $170 million of Fit to Win benefits next year and said commercial actions should support improved net pricing.
About O-I Glass (NYSE:OI)O-I Glass, Inc is a global manufacturer of glass packaging products. The company produces glass bottles and jars primarily for the food, beverage, beer, wine, spirits, and pharmaceutical industries, serving brand owners and consumer-products companies.
Its products are designed to provide packaging, preservation, and presentation for a range of consumer goods. O-I also offers glass packaging in various shapes, sizes, and colors, including custom solutions developed for individual brands.
The company traces its history to the Owens Bottle Company, founded in 1903, and the Illinois Glass Company.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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O-I Glass, Inc. (OI) Q3 2026 Earnings Call October 28, 2026 8:00 AM EDT
Company Participants
Christopher Manuel - Vice President of Investor Relations
Gordon Hardie - CEO, President & Director
John Haudrich - Senior VP & CFO
Conference Call Participants
Joshua S. Vesely - Robert W. Baird & Co. Incorporated, Research Division
George Staphos - BofA Securities, Research Division
Bryan Burgmeier - Citigroup Inc., Research Division
Arun Viswanathan - RBC Capital Markets, Research Division
Francisco Ruiz - BNP Paribas, Research Division
Michael Roxland - Truist Securities, Inc., Research Division
Anojja Shah - UBS Investment Bank, Research Division
Presentation
Operator
Thank you for standing by. My name is Jesse, and I will be your conference moderator today. At this time, I would like to welcome everyone to the O-I Glass Third Quarter 2026 Earnings Conference Call. [Operator Instructions]
I would now like to turn the call over to Chris Manuel, Vice President of Investor Relations. Please go ahead.
Christopher Manuel
Vice President of Investor Relations
Thank you, Jesse. Good morning, everyone, and welcome to O-I Glass Third Quarter 2026 Conference Call. Joining me today are Gordon Hardie, our CEO; and John Haudrich, our CFO.
Following prepared remarks, we will open the line for questions. Our earnings release and presentation are available on the company's website. Please review the safe harbor comments and disclosures regarding use of our non-GAAP financial measures included in those materials. Today's remarks include forward-looking statements, and actual results may differ materially from current expectations.
With that, I'll turn the call over to Gordon, who will start on Slide 3.
Gordon Hardie
CEO, President & Director
Thank you, Chris. Good morning, everyone. Today, we will review our third quarter results, update our 2026 outlook and share an initial view of the key business drivers for 2027.
O-I Glass (OI - Free Report) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of $0.03. This compares to earnings of $0.48 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -400.00%. A quarter ago, it was expected that this glass container manufacturer would post earnings of $0.22 per share when it actually produced earnings of $0.09, delivering a surprise of -59.09%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
O-I Glass, which belongs to the Zacks Glass Products industry, posted revenues of $1.62 billion for the quarter ended September 2026, surpassing the Zacks Consensus Estimate by 6.68%. This compares to year-ago revenues of $1.65 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
O-I Glass shares have lost about 56.4% since the beginning of the year versus the S&P 500's gain of 12.1%.
What's Next for O-I Glass?While O-I Glass has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for O-I Glass was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.03 on $1.39 billion in revenues for the coming quarter and $0.36 on $6.12 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Glass Products is currently in the top 3% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Mueller Water Products (MWA - Free Report) , another stock in the broader Zacks Industrial Products sector, has yet to report results for the quarter ended September 2026. The results are expected to be released on November 4.
This maker of fire hydrants, pipes and water valves is expected to post quarterly earnings of $0.39 per share in its upcoming report, which represents a year-over-year change of +2.6%. The consensus EPS estimate for the quarter has been revised 1.7% lower over the last 30 days to the current level.
Mueller Water Products' revenues are expected to be $383.05 million, up 0.6% from the year-ago quarter.
O-I Glass (OI - Free Report) reported $1.62 billion in revenue for the quarter ended September 2026, representing a year-over-year decline of 1.8%. EPS of -$0.09 for the same period compares to $0.48 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.52 billion, representing a surprise of +6.68%. The company delivered an EPS surprise of -400%, with the consensus EPS estimate being $0.03.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how O-I Glass performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Geographic Revenue- Americas: $970 million versus $950.01 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +3.2% change.Geographic Revenue- Europe: $634 million versus $548.49 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -7.9% change.Net Sales- Other: $19 million versus the two-analyst average estimate of $23.05 million. The reported number represents a year-over-year change of -24%.Net Sales- Reportable segment totals: $1.6 billion versus $1.5 billion estimated by two analysts on average.View all Key Company Metrics for O-I Glass here>>>
Shares of O-I Glass have returned +11.4% over the past month versus the Zacks S&P 500 composite's -0.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
PERRYSBURG, Ohio, Oct. 27, 2026 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI), an S&P Smallcap 600 member, today announced financial results for the third quarter ended September 30, 2026.
Please follow the links below to view our third quarter 2026 earnings documents.
O-I Glass Third Quarter 2026 Earnings Release with Financial Tables
O-I Glass Third Quarter 2026 Earnings Presentation
O-I CEO Gordon Hardie and CFO John Haudrich will conduct a conference call to discuss the company’s latest results on Wednesday, October 28, 2026, at 8:00 a.m. ET. A live webcast of the conference call, including presentation materials, will be available on the O-I website, www.o-i.com/investors, in the Events and Presentations section. A replay of the call will be available on the website for a year following the event.
ABOUT O-I GLASS
At O-I Glass, Inc. (NYSE: OI), we are proud to be one of the leading producers of glass bottles and jars around the globe. Glass is not only beautiful, it is also pure, healthy, and completely recyclable, making it the most sustainable rigid packaging material. Headquartered in Perrysburg, Ohio (USA), O-I is the preferred partner for many of the world’s leading food and beverage brands. We innovate in line with customers’ needs to create iconic packaging that builds brands around the world. Led by our diverse team of approximately 19,000 people across 61 plants in 18 countries, O-I achieved revenues of $6.4 billion in 2025. O-I is an S&P Smallcap 600 member and a component of more than 100 Exchange Traded Funds from iShares, Vanguard, Schwab, Invesco and other firms. Learn more about us: o-i.com / Instagram / LinkedIn
The Zacks Glass Products industry is poised to benefit from the rising demand for glass, both as a packaging option and for use in construction. This is backed by its endless recyclability and sustainability benefits. Growing demand for energy-efficient, smart windows or smart glass panels will be another catalyst for the industry going forward.
Companies like O-I Glass, Inc. (OI - Free Report) and Apogee Enterprises (APOG - Free Report) are expected to gain from efforts to capitalize on this demand by boosting capacity and introducing innovative products to the market.
About the Industry
The Zacks Glass Products industry comprises companies that manufacture and sell glass products. O produces glass containers for packaging beverages, food and pharmaceuticals. Another player in the industry offers coated and high-performance glass used in customized window and wall systems. It caters to the construction industry, ranging from commercial and multi-family residential to institutional buildings. It also provides coated glass for picture framing, wall décor and display applications. Nowadays, companies that make glass for buildings offer smart glass windows using artificial intelligence to adjust and suitably increase access to natural light while minimizing heat and glare. Some have developed electrokinetic technology that can be retrofitted on any glass, enabling buildings to cut energy consumption and save on heating and cooling costs.
Major Trends Shaping the Future of the Glass Products Industry
Glass Packaging Gaining Popularity: Glass is increasingly becoming the packaging choice for customers, given its endless recyclability without a loss in quality. More than 80% of recycled bottles are used in making new bottles. This also helps negate the need for raw materials. Every ton of recycled glass saves 1,400 pounds of sand, 430 pounds of soda ash and 400 pounds of limestone/dolomite. As consumers are becoming more aware of their environmental footprint, a sharp spike in demand is noticed for refillable bottles, which offer the most sustainable and economical rigid packaging option. Manufacturers are focusing on improving their products by reducing the weight of the bottles for more convenient handling. Also, premium cosmetic and beverage brands are opting for glass to differentiate their products through packaging and ensure quality maintenance.
Demand in the Construction Sector Holds Promise: In recent years, the use of glass gained popularity in construction as a sustainable alternative to traditional building materials, including wood and bricks, owing to its cost-effectiveness, lightweight, immense strength and environmentally friendly factor. Glass increases the influx of natural light in the building, reduces energy consumption, minimizes carbon emissions and enhances the aesthetic appeal of structures. Rising construction activities across the residential, commercial and industrial sectors are likely to fuel the glass products industry’s growth. Increasing investments in the renovation or modernization of the existing infrastructure will also drive the industry’s growth. Various governments are introducing favorable policies and granting incentives to promote green construction to minimize greenhouse emissions and energy consumption, which bodes well for the industry.
Technological Innovation is the Key: Some players revolutionized the industry by bringing smart glass panels or smart windows to the market. These innovative products are designed to enable people to lead healthier and more productive lives by increasing access to daylight and views while minimizing glare and heat from the sun and keeping occupants comfortable. These products also help cut down on energy consumption from lighting and HVAC, thus reducing carbon emissions.
Pricing, Improving Efficiency to Offset Cost Inflation: The industry is witnessing rising costs for transportation, chemical and fuel, and supply-chain headwinds. Therefore, industry players are increasingly focusing on pricing actions and cost reduction and resorting to automation in manufacturing to boost productivity and efficiency.
Zacks Industry Rank Indicates Bright Prospects
The Zacks Glass Products industry is a two-stock group within the broader Industrial Products sector. The industry currently carries a Zacks Industry Rank #7, which places it in the top 3% of the 247 Zacks industries.
The group’s Zacks Industry Rank, basically the average of the Zacks Rank of all the member stocks, indicates bullish prospects in the near term. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
The industry’s positioning in the top 50% of the Zacks-ranked industries is a result of a solid earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts are gradually gaining confidence in this group’s earnings growth potential. The industry’s earnings estimate for the current year has gone up 4% over the past month.
Before we present two Glass Products stocks for investors’ consideration, it is worth looking at the industry’s stock-market performance and its valuation picture.
Industry Versus S&P 500 & Sector
The Glass Products industry has underperformed the S&P 500 and the sector in the past year. The stocks in this industry have collectively declined 28.6% against the Industrial Products sector’s gain of 7.6%. The S&P 500 composite has risen 11% during the said time frame.
One-Year Price Performance
Industry's Current Valuation
Based on the trailing 12-month EV/EBITDA ratio, a commonly used multiple for valuing Glass Products companies, we see that the industry is currently trading at 2.72X compared with the S&P 500’s 17.65X and the Industrial Products sector’s 18.39X. This is shown in the charts below.
Enterprise Value/EBITDA (EV/EBITDA) Ratio (TTM)
Enterprise Value/EBITDA (EV/EBITDA) Ratio (TTM)
Over the last five years, the industry traded as high as 9.42X and as low as 2.60X, the median being 5.09X.
2 Glass Products Stocks to Watch
Apogee: All four segments reported higher sales in the recently reported second quarter of fiscal 2027. Apogee's portfolio spans healthcare, education, government and other non-residential construction markets, as well as framing, display and coated-material applications. Its differentiated products and commercial initiatives create opportunities to expand relationships with architects, contractors and other customers. Acquisitions also contributed to growth in the second quarter of fiscal 2027. The recent additions of Kalwall and Groglass broaden Apogee’s portfolio of differentiated products, extend its reach into attractive markets and create opportunities for higher-margin growth.
Apogee provides architectural products and services for enclosing buildings, as well as glass and acrylic products used for preservation, protection and enhanced viewing in the United States, Canada and Brazil. The Zacks Consensus Estimate for fiscal 2027 for the Minneapolis, MN-based company has moved up 13.9% over the past 60 days. Apogee has a trailing four-quarter earnings surprise of 33.3%, on average. The company has a long-term estimated earnings growth rate of 12% and currently sports a Zacks Rank #1 (Strong Buy).
You can see the complete list of today’s Zacks #1 Rank stocks here.
Price & Consensus: APOG
O-I Glass: Consumer preference for healthy, premium and sustainable food and beverage packaging continues to underpin O-I Glass’ long-term demand case. The company’s Fit to Win program remains the core mechanism for reducing its cost base and improving competitiveness after the earlier Portfolio Optimization program. Fit to Win generated $300 million of savings in 2025 and has delivered more than $400 million of net benefits since launch. In the first half of 2026, the program produced $85 million of net benefits despite $30 million of direct operating inefficiencies and approximately $45 million of total disruption when constrained sales opportunities and logistics costs are included. Management now expects about $200 million of benefits in 2026 and at least $650 million cumulatively through 2027. O-I Glass continues to combine portfolio investments with a more selective commercial growth strategy. The company has planned a $65 million electrification and decarbonization investment at its Veauche, France, plant, including hybrid-flex furnace technology, heat recovery and air preheating.
Perrysburg, OH-based O-I Glass manufactures and sells glass containers to food and beverage manufacturers, primarily in the Americas, Europe and the Asia Pacific. OI has an estimated long-term earnings growth rate of 7.3%. O-I Glass currently carries a Zacks Rank #3 (Hold).
Intercontinental Exchange, Inc. (NYSE: ICE), one of the world's leading providers of financial market technology and data powering global capital markets, and h
In 2025, managed hundreds of energy-savings projects that reduced CO₂ emissions by an estimated 133,000 metric tonsIncreased the share of electricity matched with renewable energy certificates (RECs), including matching 100% of electricity use in Continental Europe operations with RECsExpanded circularity efforts through approximately 40 closed-loop recycling programs worldwide and 47 community glass collection sites in the United States O-I Glass, Inc. (“O-I Glass” or “O-I”) today announced new progress toward its 2030 sustainability goals in its 2026 Sustainability Report, which details advancements in energy-savings projects, renewable electricity matching, and improving circularity in 2025.
The global glass packaging leader reported a 28% reduction in absolute Scope 1 and 2 greenhouse gas emissions for 2025 compared to its 2019 baseline, driven in part by certain strategic changes to its operations and a sharpened focus on energy management.
“At O-I, energy management is not aspirational—it’s operational,” said Chief Administrative and Sustainability Officer Randy Burns. “We have made meaningful progress in enhancing our systems and processes, reducing energy use, and advancing toward our sustainability targets. We know that when we do, our business is more efficient, and we create value for brands that are also navigating evolving sustainability expectations.”
The company’s sustainability strategy included assembling a global energy strike team dubbed “Spark” in 2025 to implement best practices, monitor performance, and identify energy-reduction opportunities. Hundreds of O-I energy-savings projects resulted in an estimated 133,000 metric tons of CO₂ reductions in 2025.
O-I also made progress in renewable electricity, with 65% of its global electricity consumption matched with renewable energy certificates (RECs) in 2025, approaching O-I’s 2030 goal of 80% renewable electricity. Across its operations in Continental Europe, 100% of the company’s electricity consumption was matched with RECs.
O-I continues investing across the glass value chain to recover more glass and keep it in circulation. The company increased its global average of recycled content to 42%, with a focus on strengthening glass recycling infrastructure. The glassmaker supports approximately 40 closed-loop recycling programs globally and 47 community collection sites in the United States where it’s headquartered.
“Glass doesn't return to manufacturing by accident. It requires people, infrastructure, and collaboration to make it happen,” said Burns. “That's why we continue to invest in collection programs, recycling partnerships, and processing capabilities that keep more glass moving through the circular economy and back into new O-I bottles and jars."
The O-I 2026 Sustainability Report is available for download on O-I.com at
o-i.com/sustainability/sustainability-report/.
###
ABOUT O-I GLASS
At O-I Glass, Inc. (NYSE: OI), we are proud to be one of the leading producers of glass bottles and jars around the globe. Glass is not only beautiful, it is also pure and recyclable. When collected and processed through established glass recycling systems, glass containers can be endlessly remade into new glass packaging, supporting a more circular packaging economy. Headquartered in Perrysburg, Ohio (USA), O-I is the trusted partner for a wide range of food and beverage brands. We innovate in line with customers’ needs to create iconic packaging that builds brands around the world. Led by our diverse team of approximately 19,000 people across 61 plants in 18 countries, O-I achieved revenues of $6.4 billion in 2025. Learn more about us: o-i.com / Instagram / LinkedIn
Forward-Looking Statements
This press release contains “forward-looking” statements related to O-I Glass, Inc. (“O-I Glass” or the “Company”) within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and Section 27A of the Securities Act of 1933, as amended. Forward-looking statements reflect the Company’s current expectations and projections about future events at the time, and thus involve uncertainty and risk. The words “believe,” “expect,” “anticipate,” “will,” “could,” “would,” “should,” “may,” “plan,” “estimate,” “intend,” “predict,” “potential,” “continue,” “target,” “goal,” “commit,” and the negatives of these words and other similar expressions generally identify forward-looking statements.
It is possible that the Company’s future financial performance may differ from expectations due to a variety of factors including, but not limited to the following: (1) the Company’s ability to achieve expected benefits from cost management, efficiency improvements, and profitability initiatives, such as its Fit to Win initiative, including expected impacts from production curtailments, reduction in force and furnace closures, (2) the general credit, financial, political, economic, legal and competitive conditions in markets and countries where the Company has operations, including uncertainties related to economic and social conditions, trade policies and disputes, financial market conditions, disruptions in the supply chain, competitive pricing pressures, inflation or deflation, changes in tax rates, changes in laws or policies, legal proceedings involving the Company, war, civil disturbance or acts of terrorism, natural disasters, public health issues and weather, (3) cost and availability of raw materials, labor, energy and transportation (including impacts related to the current conflicts in the Middle East and between Russia and Ukraine and disruptions in supply of raw materials caused by transportation delays), (4) competitive pressures from other glass container producers and alternative forms of packaging or consolidation among competitors and customers, (5) changes in consumer preferences or customer inventory management practices, (6) the continuing consolidation of the Company’s customer base, (7) risks related to the development, deployment and use of artificial intelligence technologies, (8) the Company’s inability to improve glass melting technology in a cost-effective manner and introduce productivity, process and network optimization actions, (9) unanticipated supply chain and operational disruptions, including higher capital spending, (10) seasonality of customer demand, (11) the failure of the Company’s joint venture partners to meet their obligations or commit additional capital to the joint venture, (12) labor shortages, labor cost increases or strikes, (13) the Company’s ability to acquire or divest businesses, acquire and expand plants, integrate operations of acquired businesses and achieve expected benefits from acquisitions, divestitures or expansions, (14) the Company’s ability to generate sufficient future cash flows to ensure the Company’s goodwill is not impaired, (15) any increases in the underfunded status of the Company’s pension plans, (16) any failure or disruption of the Company’s information technology, or those of third parties on which the Company relies, or any cybersecurity or data privacy incidents affecting the Company or its third-party service providers, (17) risks related to the Company’s indebtedness or changes in capital availability or cost, including interest rate fluctuations and the ability of the Company to generate cash to service indebtedness and refinance debt on favorable terms, (18) risks associated with operating in foreign countries, (19) foreign currency fluctuations relative to the U.S. dollar, (20) changes in tax laws or global trade policies, (21) the Company’s ability to comply with various environmental legal requirements, (22) risks related to recycling and recycled content laws and regulations, (23) risks related to climate-change and air emissions, including related laws or regulations and increased ESG scrutiny and changing expectations from stakeholders, and the other risk factors discussed in the Company's filings with the Securities and Exchange Commission.
Additionally, certain forward-looking and other statements in this press release regarding sustainability and ESG matters, including the Company’s 2030 sustainability goals, are informed by various ESG standards and frameworks (which may include standards for the measurement of underlying data) and the interests of various stakeholders. ESG information is also often reliant on third-party information or methodologies that are subject to evolving expectations and best practices. The Company’s disclosures may change due to revisions in framework requirements, availability of information, changes in its business or applicable governmental policies, or other factors, some of which may be beyond its control. Given the inherent uncertainty of the estimates, assumptions and timelines involved, the Company may not be able to anticipate in advance whether or to what degree it will be able to meet its sustainability plans, targets or goals. Forward-looking statements are not a guarantee of future performance, and actual results or developments may differ materially from expectations. The Company does not assume any obligation to update or supplement any particular forward-looking statements contained in this press release, except where expressly required to do so by law.
O-I Strengthens Its Position as a Sustainability Partner for Brands Globally
O-I Glass (OI - Free Report) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 27. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis glass container manufacturer is expected to post quarterly earnings of $0.03 per share in its upcoming report, which represents a year-over-year change of -93.8%.
Revenues are expected to be $1.52 billion, down 8% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 25% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for O-I Glass?For O-I Glass, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that O-I Glass will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that O-I Glass would post earnings of $0.22 per share when it actually produced earnings of $0.09, delivering a surprise of -59.09%.
Over the last four quarters, the company has beaten consensus EPS estimates two times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
O-I Glass doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
O-I Glass, Inc. (NYSE:OI – Get Free Report) has earned a consensus recommendation of “Hold” from the nine research firms that are presently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $9.69.
Several research firms recently weighed in on OI. Bank of America restated an “underperform” rating and set a $11.00 price target on shares of O-I Glass in a research report on Tuesday, July 14th. Robert W. Baird set a $13.00 price objective on shares of O-I Glass in a research report on Thursday, July 30th. Truist Financial dropped their target price on shares of O-I Glass from $13.00 to $10.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Weiss Ratings raised shares of O-I Glass from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Friday. Finally, UBS Group downgraded O-I Glass from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $11.00 to $6.00 in a research note on Monday.
Check Out Our Latest Report on O-I Glass
Institutional Trading of O-I Glass Several hedge funds have recently made changes to their positions in the company. Amundi grew its stake in O-I Glass by 1.1% in the 1st quarter. Amundi now owns 169,728 shares of the industrial products company’s stock worth $1,785,000 after buying an additional 1,841 shares in the last quarter. Optiver Holding B.V. grew its position in O-I Glass by 491.5% in the first quarter. Optiver Holding B.V. now owns 2,496 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 2,074 shares in the last quarter. Strs Ohio increased its stake in O-I Glass by 3.9% in the first quarter. Strs Ohio now owns 63,800 shares of the industrial products company’s stock valued at $671,000 after acquiring an additional 2,400 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in O-I Glass by 29.2% in the first quarter. EverSource Wealth Advisors LLC now owns 11,038 shares of the industrial products company’s stock valued at $116,000 after acquiring an additional 2,495 shares during the last quarter. Finally, Pictet Asset Management Holding SA raised its position in O-I Glass by 12.5% during the first quarter. Pictet Asset Management Holding SA now owns 27,516 shares of the industrial products company’s stock valued at $289,000 after purchasing an additional 3,051 shares in the last quarter. 97.24% of the stock is currently owned by institutional investors. O-I Glass Stock Performance Shares of O-I Glass stock opened at $5.75 on Wednesday. The business’s fifty day simple moving average is $6.67 and its 200 day simple moving average is $8.50. The firm has a market capitalization of $884.31 million, a P/E ratio of -0.77, a price-to-earnings-growth ratio of 2.07 and a beta of 0.68. O-I Glass has a 12 month low of $5.30 and a 12 month high of $16.91. The company has a current ratio of 1.26, a quick ratio of 0.77 and a debt-to-equity ratio of 8.89.
O-I Glass (NYSE:OI – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.15). O-I Glass had a positive return on equity of 10.40% and a negative net margin of 18.13%.The business had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.68 billion. During the same period in the prior year, the firm posted $0.53 EPS. The firm’s revenue for the quarter was down 2.2% on a year-over-year basis. As a group, analysts anticipate that O-I Glass will post 0.37 EPS for the current year.
O-I Glass Company Profile (Get Free Report)
O-I Glass, Inc (NYSE: OI) is a global manufacturer of glass packaging. The company produces glass bottles and jars for food, beverages, beer, wine, spirits, pharmaceuticals and other consumer products, serving brand owners and manufacturers that use glass containers for packaging.
The company operates glass-container manufacturing facilities and provides related design, engineering and packaging services. Its products are used across a range of markets and geographies, including North and South America, Europe and other international markets.
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PERRYSBURG, Ohio, Oct. 05, 2026 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) has scheduled its third quarter 2026 conference call and webcast for Wednesday, October 28, 2026, at 8 a.m. EDT. The Company’s news release for the third quarter 2026 earnings will be issued after the market closes on Tuesday, October 27.
What: O-I Conference Call and Webcast
Earnings presentation materials will also be posted on the O-I website, www.o-i.com/investors, when the earnings news release is issued.
When: Wednesday, October 28, 2026, at 8 a.m. EDT
Where: https://events.q4inc.com/attendee/972811308 or at www.o-i.com/investors, Events and Presentations page
The webcast will be archived at www.o-i.com/investors until October 2027.
ABOUT O-I GLASS
At O-I Glass, Inc. (NYSE: OI), we are proud to be one of the leading producers of glass bottles and jars around the globe. Glass is not only beautiful, it is also pure, healthy, and completely recyclable, making it the most sustainable rigid packaging material. Headquartered in Perrysburg, Ohio (USA), O-I is the preferred partner for many of the world’s leading food and beverage brands. We innovate in line with customers’ needs to create iconic packaging that builds brands around the world. Led by our diverse team of approximately 19,000 people across 61 plants in 18 countries, O-I achieved revenues of $6.4 billion in 2025. Learn more about us: o-i.com / Instagram / LinkedIn
O-I Glass, Inc. (NYSE:OI – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Monday. The company traded as low as $5.31 and last traded at $5.3480, with a volume of 269002 shares trading hands. The stock had previously closed at $5.60.
Wall Street Analyst Weigh In Several research firms have recently commented on OI. UBS Group lowered shares of O-I Glass from a “buy” rating to a “neutral” rating and set a $6.00 price target for the company. in a research report on Monday. Citigroup upgraded shares of O-I Glass from a “neutral” rating to a “buy” rating and boosted their target price for the company from $8.00 to $9.00 in a research report on Friday, August 21st. Zacks Research raised shares of O-I Glass from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Bank of America reiterated an “underperform” rating and issued a $11.00 price target on shares of O-I Glass in a research report on Tuesday, July 14th. Finally, Weiss Ratings upgraded shares of O-I Glass from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday. Three equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $9.69.
View Our Latest Research Report on O-I Glass
O-I Glass Stock Down 3.1% The company has a market capitalization of $833.76 million, a PE ratio of -0.73, a price-to-earnings-growth ratio of 2.08 and a beta of 0.68. The company’s fifty day moving average is $6.81 and its 200-day moving average is $8.57. The company has a debt-to-equity ratio of 8.89, a quick ratio of 0.77 and a current ratio of 1.26. O-I Glass (NYSE:OI – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.15). The firm had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.68 billion. O-I Glass had a positive return on equity of 10.40% and a negative net margin of 18.13%.The business’s revenue for the quarter was down 2.2% on a year-over-year basis. During the same period last year, the company earned $0.53 earnings per share. As a group, analysts predict that O-I Glass, Inc. will post 0.37 EPS for the current fiscal year.
Institutional Inflows and Outflows A number of large investors have recently added to or reduced their stakes in OI. Optiver Holding B.V. raised its position in shares of O-I Glass by 491.5% during the first quarter. Optiver Holding B.V. now owns 2,496 shares of the industrial products company’s stock valued at $26,000 after buying an additional 2,074 shares during the last quarter. Fiduciary Financial Advisors bought a new position in shares of O-I Glass during the second quarter worth $34,000. Global Retirement Partners LLC bought a new position in shares of O-I Glass during the second quarter worth $44,000. Ieq Capital LLC purchased a new position in O-I Glass during the second quarter valued at $106,000. Finally, EverSource Wealth Advisors LLC grew its stake in O-I Glass by 29.2% during the first quarter. EverSource Wealth Advisors LLC now owns 11,038 shares of the industrial products company’s stock valued at $116,000 after acquiring an additional 2,495 shares in the last quarter. 97.24% of the stock is owned by hedge funds and other institutional investors.
About O-I Glass (Get Free Report)
O-I Glass, Inc (NYSE: OI) is a global manufacturer of glass packaging. The company produces glass bottles and jars for food, beverages, beer, wine, spirits, pharmaceuticals and other consumer products, serving brand owners and manufacturers that use glass containers for packaging.
The company operates glass-container manufacturing facilities and provides related design, engineering and packaging services. Its products are used across a range of markets and geographies, including North and South America, Europe and other international markets.
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Silgan (NYSE:SLGN – Get Free Report) and O-I Glass (NYSE:OI – Get Free Report) are both materials companies, but which is the better stock? We will contrast the two businesses based on the strength of their risk, dividends, earnings, profitability, analyst recommendations, institutional ownership and valuation.
Risk and Volatility Silgan has a beta of 0.68, suggesting that its stock price is 32% less volatile than the S&P 500. Comparatively, O-I Glass has a beta of 0.66, suggesting that its stock price is 34% less volatile than the S&P 500.
Analyst Recommendations This is a breakdown of current ratings and recommmendations for Silgan and O-I Glass, as provided by MarketBeat.com.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Silgan 0 3 8 1 2.83 O-I Glass 2 3 4 0 2.22 Silgan presently has a consensus target price of $54.00, indicating a potential upside of 45.10%. O-I Glass has a consensus target price of $10.31, indicating a potential upside of 69.45%. Given O-I Glass’ higher probable upside, analysts plainly believe O-I Glass is more favorable than Silgan. Valuation & Earnings This table compares Silgan and O-I Glass”s top-line revenue, earnings per share (EPS) and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Silgan $6.48 billion 0.61 $288.40 million $2.55 14.59 O-I Glass $6.43 billion 0.15 -$129.00 million ($7.52) -0.81 Silgan has higher revenue and earnings than O-I Glass. O-I Glass is trading at a lower price-to-earnings ratio than Silgan, indicating that it is currently the more affordable of the two stocks.
Insider and Institutional Ownership 70.3% of Silgan shares are held by institutional investors. Comparatively, 97.2% of O-I Glass shares are held by institutional investors. 1.1% of Silgan shares are held by insiders. Comparatively, 1.0% of O-I Glass shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Profitability This table compares Silgan and O-I Glass’ net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets Silgan 4.05% 16.74% 4.09% O-I Glass -18.13% 10.40% 1.43% Summary Silgan beats O-I Glass on 13 of the 15 factors compared between the two stocks.
About Silgan (Get Free Report)
Silgan Holdings Inc., together with its subsidiaries, manufactures and sells rigid packaging solutions for consumer goods products in the United States and internationally. It operates through three segments: Dispensing and Specialty Closures, Metal Containers, and Custom Containers. The Dispensing and Specialty Closures segment offers a range of metal and plastic closures, and dispensing systems for food, beverage, health care, garden, home, personal care, beauty products, and hard surface cleaning products, as well as capping/sealing equipment and detection systems. The Metal Containers segment manufactures and sells steel and aluminum containers for food products, such as pet food, vegetables, soups, proteins, fruits, and other miscellaneous food products, as well as general line metal containers primarily for chemicals. The Custom Containers segment manufactures and sells custom designed and stock plastic containers for use in personal care and health care; food and beverage; household and industrial chemical; pharmaceutical; pet food and care; agricultural; automotive. This segment also provides thermoformed barrier and non-barrier bowls, and trays for food products, such as soups, other ready-to-eat meals, and pet food products; and plastic closures, caps, sifters, and fitments, as well as thermoformed tubs for food, household, and personal care products. The company markets its products primarily through direct sales force, as well as through a network of distributors, and an online shopping catalog. The company was founded in 1987 and is headquartered in Stamford, Connecticut.
About O-I Glass (Get Free Report)
O-I Glass, Inc., through its subsidiaries, engages in the manufacture and sale of glass containers to food and beverage manufacturers primarily in the Americas, Europe, and internationally. The company produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. It is also involved in the production of glass packaging for various food items, soft drinks, tea, juices, and pharmaceuticals. In addition, the company offers glass containers in a range of sizes, shapes, and colors. It sells its products directly to customers under annual or multi-year supply agreements, as well as through distributors. O-I Glass, Inc. was founded in 1903 and is based in Perrysburg, Ohio.
Receive News & Ratings for Silgan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silgan and related companies with MarketBeat.com's FREE daily email newsletter.
Silgan (NYSE: SLGN - Get Free Report) and O-I Glass (NYSE: OI - Get Free Report) are both materials companies, but which is the better investment? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, earnings, profitability, dividends, risk and institutional ownership. Profitability This table compares Silgan and O-I Glass' net
Intercontinental Exchange, Inc. NYSE:ICE, one of the world’s leading providers of financial market technology and data powering global capital markets, today reported August 2026 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet.
August highlights include:
Total average daily volume (ADV) up 14% y/y; open interest (OI) up 19% y/yTotal Energy ADV up 13% y/y; OI up 6% y/yTotal Oil ADV up 12% y/yBrent ADV up 21% y/yGasoil ADV up 20% y/yOther Crude & Refined products ADV up 5% y/yTotal Natural Gas ADV up 17% y/y; OI up 9% y/yNorth American Gas ADV up 13% y/y; OI up 8% y/yTTF gas ADV up 29% y/y; OI up 17% y/yAsia gas ADV up 20% y/y; OI up 29% y/y, including record OI of 275k lots on August 13Record total Agriculture & Metals ADV up 92% y/y; OI up 52% y/yRecord Sugar ADV up 203% y/y; OI up 51% y/y, including record OI of 2.5M lots on August 31Cocoa ADV up 85% y/y; OI up 77% y/yCotton ADV up 63% y/y; OI up 76% y/yCoffee OI up 5% y/yTotal Financials ADV up 7% y/y; OI up 38% y/y, including record futures OI of 16.8M lots on August 31Total Interest Rates ADV up 8% y/y; OI up 43% y/y, including record futures OI of 14.4M lots on August 31Euribor ADV up 3% y/y; OI up 27% y/y, including record futures OI of 5.7M on August 31SONIA ADV up 5% y/y; OI up 68% y/yGilts ADV up 8% y/y; OI up 4% y/yTotal Equity Indices ADV up 7%MSCI ADV up 22% y/yNYSE Equity Options ADV up 36% y/yAbout Intercontinental Exchange
Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds, and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges -- including the New York Stock Exchange -- and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines, and automates industries to connect our customers to opportunity.
Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).”
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 5, 2026.
Category: Corporate
View source version on businesswire.com: https://www.businesswire.com/news/home/20260903399877/en/
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
BlackRock Inc. bought a new position in O-I Glass, Inc. (NYSE:OI – Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 23,439,932 shares of the industrial products company’s stock, valued at approximately $225,727,000. BlackRock Inc. owned 15.25% of O-I Glass at the end of the most recent reporting period.
Several other institutional investors also recently modified their holdings of OI. PNC Financial Services Group Inc. grew its stake in shares of O-I Glass by 1.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 37,828 shares of the industrial products company’s stock worth $558,000 after buying an additional 701 shares during the last quarter. Barclays PLC boosted its holdings in O-I Glass by 0.3% in the fourth quarter. Barclays PLC now owns 246,766 shares of the industrial products company’s stock worth $3,642,000 after acquiring an additional 755 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of O-I Glass by 87.6% in the fourth quarter. Farther Finance Advisors LLC now owns 1,778 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 830 shares during the last quarter. ProShare Advisors LLC grew its stake in shares of O-I Glass by 3.1% in the fourth quarter. ProShare Advisors LLC now owns 29,887 shares of the industrial products company’s stock worth $441,000 after acquiring an additional 911 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its holdings in shares of O-I Glass by 64.1% during the second quarter. Smartleaf Asset Management LLC now owns 2,350 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 918 shares in the last quarter. 97.24% of the stock is currently owned by institutional investors.
Analyst Ratings Changes Several brokerages recently commented on OI. Citigroup raised shares of O-I Glass from a “neutral” rating to a “buy” rating and increased their price objective for the company from $8.00 to $9.00 in a research report on Friday, August 21st. Truist Financial dropped their target price on shares of O-I Glass from $13.00 to $10.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Zacks Research upgraded shares of O-I Glass from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Royal Bank Of Canada cut shares of O-I Glass from an “outperform” rating to a “sector perform” rating and cut their price target for the company from $10.00 to $8.00 in a report on Thursday, August 13th. Finally, UBS Group reduced their price target on shares of O-I Glass from $15.00 to $11.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $10.31.
Read Our Latest Stock Analysis on O-I Glass O-I Glass Stock Performance NYSE:OI opened at $7.20 on Friday. The stock has a 50-day simple moving average of $8.36 and a two-hundred day simple moving average of $9.87. O-I Glass, Inc. has a 52-week low of $6.29 and a 52-week high of $16.91. The company has a debt-to-equity ratio of 8.89, a quick ratio of 0.77 and a current ratio of 1.26. The firm has a market capitalization of $1.11 billion, a PE ratio of -0.96, a P/E/G ratio of 2.41 and a beta of 0.66.
O-I Glass (NYSE:OI – Get Free Report) last released its earnings results on Tuesday, July 28th. The industrial products company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.15). O-I Glass had a positive return on equity of 10.40% and a negative net margin of 18.13%.The firm had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.68 billion. During the same quarter in the previous year, the business posted $0.53 EPS. O-I Glass’s revenue was down 2.2% on a year-over-year basis. Analysts forecast that O-I Glass, Inc. will post 0.42 EPS for the current year.
O-I Glass Profile (Free Report)
O-I Glass, Inc is a leading global manufacturer of glass containers, supplying the food and beverage, wine and spirits, pharmaceutical, cosmetic and personal care industries. Headquartered in Perrysburg, Ohio, the company produces a broad range of glass packaging solutions, including bottles and jars, designed to meet customer specifications for size, shape, color and performance. O-I leverages proprietary technologies in forming, decoration and quality control to serve both mass-market and premium brands.
Tracing its origins to the early 20th century through the merger of prominent regional glassmakers, the company adopted the Owens-Illinois name in 1929 before rebranding as O-I Glass in 2015.
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Intercontinental Exchange, Inc. (NYSE: ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today
, /PRNewswire/ -- Schall, Brown & Schwartz LLP ("SBS"), a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of O-I Glass, Inc. ("O-I Glass" or "the Company") (NYSE: OI) for violations of the securities laws.
INVESTIGATION DETAILS: The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. O-I Glass reported its Q2 2026 financial results on July 28, 2026. The Company lowered its adjusted earnings guidance for the full year, disappointing analysts. In particular, the Company's operating profits in Europe fell to $6 million from $90 million in the prior-year period. Based on this news, shares of O-I Glass fell by about 15% on July 29, 2026.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall or David Schwartz of Schall, Brown & Schwartz LLP, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected]
WHY SBS? Schall, Brown & Schwartz LLP represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. Bringing together the extensive experience and diverse skillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz, SBS is dedicated to aggressively advocating for every investor.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
Schall, Brown & Schwartz LLP
Brian Schall, Esq.,
Andrew Brown, Esq.,
David Schwartz, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]
NEW YORK, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Q2 2026 results at O-I Glass (NYSE: OI) landed short of consensus on both revenue and earnings, and the stock fell approximately 15% in the session that followed. If you lost money on OI shares, you are encouraged to submit your loss information now. You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.
The reported quarter fell well short of expectations, with revenue of $1.67 shy of calls for $1.69 to $1.7 billion. Adjusted earnings came in at $0.09 per share against consensus estimates of around $0.29. The Company also cut its full-year 2026 and 2027 guidance metrics alongside the release and unveiled an $873 million non-cash goodwill impairment
Segment results drove the miss. Europe operating profit declined to $6 million from $90 million in the prior-year period -- a drop of $84 million.
Shareholders who purchased O-I Glass stock and suffered a loss may have their claim evaluated at no cost, or call (212) 363-7500.
ABOUT THE FIRM -- For over two decades, Levi & Korsinsky has represented shareholders in securities class actions. Ranked in ISS Top 50 for seven consecutive years.
Frequently Asked Questions About the OI Investigation
Q: How much did OI stock drop? A: Shares fell approximately 15% on July 29, 2026 after the Company again reduced its full-year 2026 guidance and further pushed back planned fiscal 2027 targets. Investors who purchased shares at allegedly inflated prices and suffered losses may be eligible to seek recovery.
Q: What is the OI securities investigation about? A: A securities investigation is pending concerning O-I Glass (NYSE: OI) regarding potentially materially false or misleading statements. Shares fell approximately 15% after the Company disclosed Q2 2026 earnings that fell shy of the market’s expectations.
Q: Who is eligible to participate in the OI investigation? A: Investors who purchased OI stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.
Q: What do OI investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500.
Q: What documents do I need to participate? A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.
Q: What if I already sold my OI shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought OI and sold at a loss may still participate in the investigation.
Q: What does it cost me to participate? A: There is no upfront cost to participate. Securities investigations and any resulting actions are generally handled on a contingency basis -- no retainer and no out-of-pocket costs.
Q: Do I need to go to court or give testimony? A: No. Participating in the investigation does not require court appearances or depositions.
ATLANTA, Aug. 03, 2026 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether O-I Glass, Inc. (“O-I” or the “Company”) (NYSE: OI) complied with federal securities laws. On July 28, 2026, O-I reported second quarter 2026 results revealing that “[r]eported earnings were a loss of $6.33 per share, including a $873 million non-cash goodwill impairment charge and a $96 million increase to deferred tax valuation allowances, both related to Europe.” Following this news, the price of the Company’s stock dropped.
If you purchased O-I stock and suffered a loss on that investment, you are encouraged to contact Corey Holzer, Esq. at [email protected] or Joshua Karr, Esq. at [email protected], call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com/case/o-i-glass/ to discuss your legal rights.
Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, 2022, 2023 and 2025, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website,
www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.
NEW YORK--(BUSINESS WIRE)--Guidance of $1.65 to $1.90 per share. Actual Q1 2026 adjusted EPS was $0.05 and earnings guidance was reduced to $1.00 - $1.50 per share. Actual Q2 2026 adjusted EPS was $0.09. O-I Glass (NYSE: OI) shares fell approximately 15% on July 29, 2026 after the Company reported second quarter results and cut its full-year outlook. If you lost money on OI shares, you are encouraged to submit your loss information now. You may also contact Joseph E. Levi, Esq. via email at jle.
The Zacks Glass Products industry is poised to benefit from the rising demand for glass, both as a packaging option and for use in construction. This is backed by its endless recyclability and sustainability benefits. Growing demand for energy-efficient, smart windows or smart glass panels will be another catalyst for the industry going forward.
Companies like O-I Glass, Inc. (OI - Free Report) and Apogee Enterprises (APOG - Free Report) are expected to gain from efforts to capitalize on this demand by boosting capacity and introducing innovative products to the market.
About the Industry The Zacks Glass Products industry comprises companies that manufacture and sell glass products. O produces glass containers for packaging beverages, food and pharmaceuticals. Another player in the industry offers coated and high-performance glass used in customized window and wall systems. It caters to the construction industry, ranging from commercial and multi-family residential to institutional buildings. It also provides coated glass for picture framing, wall décor and display applications. Nowadays, companies that make glass for buildings offer smart glass windows using artificial intelligence to adjust and suitably increase access to natural light while minimizing heat and glare. Some have developed electrokinetic technology that can be retrofitted on any glass, enabling buildings to cut energy consumption and save on heating and cooling costs.
Major Trends Shaping the Future of the Glass Products Industry Glass Packaging Gaining Popularity: Glass is increasingly becoming the packaging choice for customers, given its endless recyclability without a loss in quality. More than 80% of recycled bottles are used in making new bottles. This also helps negate the need for raw materials. Every ton of recycled glass saves 1,400 pounds of sand, 430 pounds of soda ash and 400 pounds of limestone/dolomite. As consumers are becoming more aware of their environmental footprint, a sharp spike in demand is noticed for refillable bottles, which offer the most sustainable and economical rigid packaging option. Manufacturers are focusing on improving their products by reducing the weight of the bottles for more convenient handling. Also, premium cosmetic and beverage brands are opting for glass to differentiate their products through packaging and ensure quality maintenance.
Demand in the Construction Sector Holds Promise: In recent years, the use of glass gained popularity in construction as a sustainable alternative to traditional building materials, including wood and bricks, owing to its cost-effectiveness, lightweight, immense strength and environmentally friendly factor. Glass increases the influx of natural light in the building, reduces energy consumption, minimizes carbon emissions and enhances the aesthetic appeal of structures. Rising construction activities across the residential, commercial and industrial sectors are likely to fuel the glass products industry’s growth. Increasing investments in the renovation or modernization of the existing infrastructure will also drive the industry’s growth. Various governments are introducing favorable policies and granting incentives to promote green construction to minimize greenhouse emissions and energy consumption, which bodes well for the industry.
Technological Innovation is the Key: Some players revolutionized the industry by bringing smart glass panels or smart windows to the market. These innovative products are designed to enable people to lead healthier and more productive lives by increasing access to daylight and views while minimizing glare and heat from the sun and keeping occupants comfortable. These products also help cut down on energy consumption from lighting and HVAC, thus reducing carbon emissions.
Pricing, Improving Efficiency to Offset Cost Inflation: The industry is witnessing rising costs for transportation, chemical and fuel, and supply-chain headwinds. Therefore, industry players are increasingly focusing on pricing actions and cost reduction and resorting to automation in manufacturing to boost productivity and efficiency.
Zacks Industry Rank Indicates Bright Prospects The Zacks Glass Products industry is a two-stock group within the broader Industrial Products sector. The industry currently carries a Zacks Industry Rank #11, which places it in the top 4% of the 246 Zacks industries.
The group’s Zacks Industry Rank, basically the average of the Zacks Rank of all the member stocks, indicates bullish prospects in the near term. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Before we present two Glass Products stocks for investors’ consideration, it is worth looking at the industry’s stock-market performance and its valuation picture.
Industry Versus S&P 500 & Sector The Glass Products industry has underperformed the S&P 500 and the sector in the past year. The stocks in this industry have collectively declined 30.6% against the Industrial Products sector’s gain of 17.5%. The S&P 500 composite has risen 21.7% during the said time frame.
One-Year Price Performance
Industry's Current Valuation Based on the trailing 12-month EV/EBITDA ratio, a commonly used multiple for valuing Glass Products companies, we see that the industry is currently trading at 4.37X compared with the S&P 500’s 18.32X and the Industrial Products sector’s 20.01X. This is shown in the charts below.
Enterprise Value/EBITDA (EV/EBITDA) Ratio (TTM)
Enterprise Value/EBITDA (EV/EBITDA) Ratio (TTM)
Over the last five years, the industry traded as high as 9.42X and as low as 3.53X, the median being 5.20X.
2 Glass Products Stocks to Watch Apogee: The company has been benefiting from the strong performance of its Architectural Services segment, which is gaining on improved pricing and product mix, reflecting its strategic shift toward more premium products. The company’s strong project pipeline and recent order trends bode well. Apogee's ongoing efforts to reduce costs and enhance productivity are expected to bolster margins in the coming quarters. Its solid balance sheet provides additional support. Earlier this month, Apogee acquired Kalwall Companies. This deal is expected to solidify APOG’s Architectural Glass segment. Apogee expects this deal to yield $4 million of operational cost synergies by the end of fiscal 2029. Moreover, Kalwall is expected to generate $85 million in revenues within the first 12 months of the deal completion. The company expects an adjusted EBITDA margin of 15%, with a long-term margin target of 20%. The deal is also expected to be accretive to the company’s adjusted earnings in the first year of completion. APOG shares have gained 9.8% in the past three months.
The Minneapolis, MN-based entity has a trailing four-quarter earnings surprise of 12.2%, on average. The Zacks Consensus Estimate for earnings for fiscal 2027 has moved up 3% to $2.96 per share over the past 60 days. The company has a long-term earnings growth of 12%. Apogee currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Price & Consensus: APOG
O-I Glass: The company continues to invest in joint ventures, incremental capacity, and acquisitions to benefit from the growing demand for glass packaging due to increasing consumer preference for healthy, premium and sustainable products for food and beverage. O-I Glass is currently implementing the first phase of its Fit to Win initiative. This program is expected to reduce redundant production capacity, optimize the network and streamline costs in areas such as selling, general and administrative expenses. The program delivered $300 million of benefits in 2025, higher than the expected $250 million. Year to date, gross savings totaled $115 million or $85 million net savings. OI expects approximately $200 million of Fit to Win benefits in 2026 and at least $650 million over 2024-2027. This is expected to drive higher earnings, enhance economic profit and strengthen free cash flow.
Perrysburg, OH-based O-I Glass manufactures and sells glass containers to food and beverage manufacturers, primarily in the Americas, Europe and the Asia Pacific. OI has a long-term estimated earnings growth rate of 7.3%. O-I Glass currently carries a Zacks Rank #3 (Hold).
O-I Glass told investors to expect full-year 2026 adjusted earnings of $1.00 to $1.50 per share. Q2 2026 adjusted earnings came in at $0.09 per share, and the stock fell roughly 15%.
, /PRNewswire/ -- Two numbers now sit side by side for O-I Glass (NYSE: OI) shareholders: $1.00 to $1.50, the full-year adjusted EPS range management put in front of investors on April 29, 2026, and $0.09, the adjusted EPS the Company reported for the second quarter of 2026 on July 29, 2026. Shares fell more than 15% on the news. If you lost money on O-I Glass stock, click here to find out if you may qualify to recover or contact Joseph E. Levi, Esq. at [email protected] or (888) SueWallSt.
The reported quarter also came in below revenue and earnings expectations, and the Company cut its full-year outlook. On the April 29 call, Chief Executive Officer Gordon Hardie stated that full-year sales volumes were expected to be "about flat with the prior year." By the July 29, 2026 earnings call, "lower sales volume" had to be "offset" by "[f]avorable currency and stable consolidated selling prices" as well as "favorable operating costs."
SueWallSt notifies investors of a pending investigation into potential securities law violations on behalf of O-I Glass investors.
Shareholders who purchased OI shares and suffered losses are encouraged to submit their information today . You may also reach Joseph E. Levi, Esq. at [email protected] or by telephone at (888) SueWallSt.
WHY SUEWALLST : SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
Frequently Asked Questions About the OI Investigation
Q: How much did OI stock drop? A: Shares fell approximately 15% on July 29, 2026 after the Company again reduced its full-year 2026 guidance and further pushed back planned fiscal 2027 targets. Investors who purchased shares at allegedly inflated prices and suffered losses may be eligible to seek recovery.
Q: Which statements are being investigated as potentially misleading? A: The investigation concerns whether O-I Glass made materially false or misleading statements regarding its full-year 2026 guidance and projected fiscal 2027 targets. When O-I Glass lowered its guidance following Q2 2026 results, the stock declined sharply.
Q: Who is eligible to participate in the OI investigation? A: Investors who purchased OI stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.
Q: What do OI investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact SueWallSt, a brand of Levi & Korsinsky LLP, for a no-cost, no-obligation evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible to participate in the investigation.
Q: What documents do I need to participate? A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.
Q: What if I already sold my OI shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought OI and sold at a loss may still participate in the investigation.
Q: What does it cost me to participate? A: There is no upfront cost. Securities investigations and any resulting actions are generally handled on a contingency basis -- no retainer and no out-of-pocket costs.
Q: Do I need to go to court or give testimony? A: No. Participating in the investigation does not require court appearances or depositions.
CONTACT:\
Levi & Korsinsky, LLP\
Joseph E. Levi, Esq.\
33 Whitehall Street, 27th Floor\
New York, NY 10004\
[email protected] \
Tel: (888) SueWallSt\
Fax: (212) 363-7171
Attorney Advertising. Prior results do not guarantee similar outcomes.
O-I Glass guided FY 2026 adjusted EBITDA of $1.25 billion to $1.30 billion in February. Shares fell roughly 15% on July 29, 2026 after the Company cut full-year guidance for the second consecutive quarter.
, /PRNewswire/ -- A 15% single-session decline hit O-I Glass (NYSE: OI) shareholders on July 29, 2026, when the Company reduced its full-year 2026 and 2027 projections. Shareholders who lost money on OI are encouraged to submit their loss information here before the investigation advances. You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.
On the February 11, 2026 fourth quarter earnings call, Chief Financial Officer John Haudrich stated the Company anticipated "adjusted EBITDA of $1.25 billion to $1.3 billion, representing up to 7% growth versus 2025." On the same call, Chief Executive Officer Gordon Hardie said the Company was "substantially contracted on our energy exposure in 2026 in Europe. So we're confident about the $150 million."
On July 29, 2026, 2026 and 2027 guidance targets were both reduced as management pointed to struggles in the European segment: "continued market challenges, including additional price pressure and higher energy costs related to the Middle East conflict, adjusted Fit to Win timing due to temporary operational disruption and additional costs."
Investors who purchased O-I Glass shares and suffered a loss are encouraged to have their claim evaluated at no cost, or contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.
Levi & Korsinsky, LLP | Top 50 Securities Firm | (212) 363-7500 | www.zlk.com
Frequently Asked Questions About the OI Investigation
Q: Which statements are being investigated as potentially misleading? A: The investigation concerns whether O-I Glass made materially false or misleading statements regarding its full-year 2026 guidance and projected fiscal 2027 targets. When O-I Glass lowered its guidance following Q2 2026 results, the stock declined sharply.
Q: How much did OI stock drop? A: Shares fell approximately 15% on July 29, 2026 after the Company again reduced its full-year 2026 guidance and further pushed back planned fiscal 2027 targets. Investors who purchased shares at allegedly inflated prices and suffered losses may be eligible to seek recovery.
Q: Who is eligible to participate in the OI investigation? A: Investors who purchased OI stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.
Q: What do OI investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500.
Q: What documents do I need to participate? A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.
Q: What if I already sold my OI shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought OI and sold at a loss may still participate.
Q: What does it cost me to participate? A: There is no upfront cost. Securities investigations and any resulting actions are generally handled on a contingency basis -- no retainer and no out-of-pocket costs.
Q: What if I live outside the United States? A: U.S. securities investigations generally cover purchases on U.S. exchanges regardless of the investor's country of residence.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
Attorney Advertising. Prior results do not guarantee similar outcomes.
O-I Glass, Inc. (NYSE:OI – Get Free Report) shares reached a new 52-week low during mid-day trading on Wednesday following a weaker than expected earnings announcement. The company traded as low as $7.67 and last traded at $7.6930, with a volume of 99249 shares changing hands. The stock had previously closed at $9.06.
The industrial products company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.15). O-I Glass had a positive return on equity of 8.76% and a negative net margin of 18.13%.The company had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.68 billion. During the same quarter in the previous year, the company posted $0.53 earnings per share. The company’s quarterly revenue was down 2.2% compared to the same quarter last year.
Key Stories Impacting O-I Glass Here are the key news stories impacting O-I Glass this week:
Positive Sentiment: Analysts’ recent price targets remain above the stock’s current trading level, with five targets carrying a median of $13.00. O-I also disclosed a recent open-market purchase of 3,309 shares by a senior vice president, although the purchase is relatively small. O-I Glass Second-Quarter Results and Market Data Neutral Sentiment: Management scheduled an earnings conference call to discuss the quarter and provide additional operating commentary. Investors will likely focus on demand, pricing, cost controls, debt reduction and the outlook for the remainder of 2026. O-I Glass Reports Second Quarter 2026 Results Negative Sentiment: O-I Glass reported adjusted earnings of $0.09 per share, missing the roughly $0.22–$0.24 analyst consensus by $0.13–$0.15. Earnings also dropped sharply from $0.53 per share in the comparable quarter last year. O-I Glass Earnings Miss Estimates Negative Sentiment: Revenue totaled $1.67 billion, slightly below the $1.68 billion estimate and down 2.2% year over year. The combination of declining sales and a substantial earnings miss suggests continued pressure on volumes, pricing or operating costs. O-I Glass Key Earnings Metrics Negative Sentiment: The stock is trading near its 52-week low and below both its 50-day and 200-day moving averages. O-I’s elevated debt-to-equity ratio of 3.35 and weak quick ratio of 0.73 may further amplify concerns about financial flexibility after the disappointing quarter. Wall Street Analysts Forecast Growth A number of equities research analysts recently weighed in on OI shares. Citigroup lowered their price target on O-I Glass from $12.00 to $10.00 and set a “neutral” rating on the stock in a report on Monday, May 4th. Weiss Ratings upgraded O-I Glass from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, July 15th. Wells Fargo & Company decreased their target price on O-I Glass from $13.00 to $12.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 15th. UBS Group lowered their target price on O-I Glass from $21.00 to $18.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Finally, Zacks Research upgraded O-I Glass from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. Four research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $13.57.
Read Our Latest Report on OI
Insider Buying and Selling at O-I Glass In other O-I Glass news, SVP Eduardo Restrepo purchased 3,309 shares of the stock in a transaction dated Thursday, May 14th. The shares were acquired at an average cost of $8.98 per share, for a total transaction of $29,714.82. Following the completion of the transaction, the senior vice president directly owned 94,199 shares of the company’s stock, valued at $845,907.02. This trade represents a 3.64% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Darrow A. Abrahams acquired 2,774 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were acquired at an average cost of $9.04 per share, with a total value of $25,076.96. Following the completion of the purchase, the senior vice president owned 235,928 shares in the company, valued at approximately $2,132,789.12. This represents a 1.19% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 17,083 shares of company stock valued at $157,312 over the last quarter. Corporate insiders own 1.00% of the company’s stock.
Institutional Trading of O-I Glass Institutional investors and hedge funds have recently made changes to their positions in the stock. Farther Finance Advisors LLC increased its position in O-I Glass by 87.6% during the 4th quarter. Farther Finance Advisors LLC now owns 1,778 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 830 shares in the last quarter. Headlands Technologies LLC purchased a new position in O-I Glass in the 2nd quarter valued at about $29,000. Quarry LP purchased a new position in O-I Glass in the 4th quarter valued at about $32,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of O-I Glass by 36,533.3% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,198 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 2,192 shares during the last quarter. Finally, State of Wyoming acquired a new stake in shares of O-I Glass during the 2nd quarter worth about $35,000. 97.24% of the stock is currently owned by hedge funds and other institutional investors.
O-I Glass Trading Down 15.1% The firm has a market capitalization of $1.18 billion, a PE ratio of -1.02, a P/E/G ratio of 1.09 and a beta of 0.62. The company has a quick ratio of 0.73, a current ratio of 1.26 and a debt-to-equity ratio of 3.35. The business’s fifty day moving average price is $9.05 and its 200 day moving average price is $11.13.
O-I Glass Company Profile (Get Free Report)
O-I Glass, Inc is a leading global manufacturer of glass containers, supplying the food and beverage, wine and spirits, pharmaceutical, cosmetic and personal care industries. Headquartered in Perrysburg, Ohio, the company produces a broad range of glass packaging solutions, including bottles and jars, designed to meet customer specifications for size, shape, color and performance. O-I leverages proprietary technologies in forming, decoration and quality control to serve both mass-market and premium brands.
Tracing its origins to the early 20th century through the merger of prominent regional glassmakers, the company adopted the Owens-Illinois name in 1929 before rebranding as O-I Glass in 2015.
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Is Consumer Discretionary a Dead End? These 3 Stocks Say NoO-I Glass NYSE: OI reported second-quarter results that fell below its expectations, as strong performance in the Americas was more than offset by a steep decline in Europe. The company said it is maintaining its strategic direction but has reduced its 2026 outlook and recalibrated its 2027 targets to reflect a slower improvement path in its European operations.
Second-quarter net sales were nearly $1.7 billion, down about 2% from the prior year, while adjusted earnings were $0.09 per share, compared with $0.53 per share a year earlier. CEO Gordon Hardie said an unusually high adjusted tax rate reduced quarterly results by $0.18 per share.
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Chaos and Cash: Finding Opportunity in VolatilityGlobal shipments declined about 4.5% year over year, though volume trends improved during the quarter and June shipments were flat with the prior year. Hardie said operational disruptions accounted for roughly half of the overall shipment decline.
Americas Strength Contrasts With European Pressure In the Americas, net sales rose about 1% to $949 million, supported by higher selling prices and favorable currency effects despite a 7% volume decline. Segment operating profit increased 22% to $165 million, and margins expanded by approximately 300 basis points to 17.4%.
Hardie described the quarter as the Americas’ highest second-quarter profit in the past 10 years. Higher net prices, foreign exchange and operating-cost improvements offset lower volumes and the impact of a furnace event, according to CFO John Haudrich.
European results were substantially weaker. Net sales in the region fell 5% to $704 million, while segment operating profit dropped to $6 million from $90 million a year earlier. Shipments declined 2%, primarily because operational disruptions constrained the company’s ability to serve customers. Excluding that disruption, underlying European volume trends were roughly flat, management said.
O-I attributed Europe’s performance to competitive pressure on selling prices, higher energy costs tied to the Middle East conflict, operational inefficiencies following restructuring at multiple plants, and two furnace events. Hardie said one event in France was a fire and another in the U.K. involved a leak. The incidents placed added strain on a changing supply network after three plant closures and contributed to higher logistics costs.
Management said both affected plants were repaired and were increasing supply through July. The company also cited one-time disruptions including unavailable rail transportation in France that required a shift to more costly road freight.
Fit to Win Savings Program Remains Central O-I said its Fit to Win cost and operating-improvement program has generated more than $400 million in net benefits since its launch. The company produced $85 million of benefits through the first half of 2026, net of $30 million in direct operating inefficiencies. Including constrained sales opportunities and additional logistics expense, the total effect of disruptions was approximately $45 million.
The company revised its 2026 Fit to Win savings target to approximately $200 million but retained a three-year target of at least $650 million. Haudrich said just under half of the expected $115 million to $120 million of second-half savings was “locked and loaded” through completed restructuring and selling, general and administrative actions. He said roughly one-third of the expected 2027 savings would be carryover benefits from actions already underway.
Hardie said Europe is about a year behind the Americas in implementing Fit to Win and total operating efficiency practices. He said the company expects European operational performance to improve over the next several quarters, with a goal of reaching mid-teen segment profit margins within two years. That outlook assumes some normalization in energy markets and demand conditions, as well as completion of the company’s operational initiatives.
Updated 2026 Outlook and Rebased 2027 Targets O-I withdrew its adjusted earnings-per-share guidance, saying the effective tax rate has become highly sensitive to operating earnings given the low level of anticipated European profit. The company now expects adjusted EBITDA of $1 billion to $1.1 billion for 2026.
Haudrich said the revised 2026 outlook primarily reflects continued European market challenges, additional selling-price pressure, higher energy costs, delayed Fit to Win benefits due to disruption, and added costs at several plants. He said Europe is expected to improve sequentially during the second half, while the Americas is still anticipated to deliver results nearly 60% above 2024 levels in 2026.
For 2027, O-I now expects adjusted EBITDA of $1.2 billion to $1.3 billion, including at least $150 million of additional Fit to Win savings. Management said its assumptions continue to reflect muted market conditions, including relatively flat volume expectations and current elevated energy prices. Potential upside could come from improved European demand or energy-price normalization following a resolution of the Middle East conflict.
The company continues to view its original $1.45 billion adjusted EBITDA target as achievable, though Hardie and Haudrich said reaching that level will likely take longer than initially anticipated.
Commercial Wins and Regional Demand Trends O-I said its commercial transformation is producing new business wins representing approximately 2% of annual sales volume. Management expects the wins to begin contributing during the second half and build further in 2027. Haudrich said the contracted business could add roughly 1% to 1.5% of annualized volume during the second half.
Hardie said July trends across the company’s markets generally remained in line with June, though one geography was still working through supply constraints related to a furnace event. He said those constraints were expected to be resolved after July.
The company cited continued strength in nonalcoholic containers, food, and several Latin American markets. The Andean group delivered double-digit growth, while Brazil posted low-single-digit growth. Hardie said O-I’s businesses in Brazil, the Andean region and Mexico were executing well on cost and commercial initiatives, although Mexican volume was affected by lower tequila exports and Mexican beer imports into the U.S.
“We are recalibrating timing, not changing direction,” Hardie said, emphasizing that the company’s immediate priorities are restoring European performance, improving execution and pursuing profitable growth.
About O-I Glass (NYSE:OI)O-I Glass, Inc is a leading global manufacturer of glass containers, supplying the food and beverage, wine and spirits, pharmaceutical, cosmetic and personal care industries. Headquartered in Perrysburg, Ohio, the company produces a broad range of glass packaging solutions, including bottles and jars, designed to meet customer specifications for size, shape, color and performance. O-I leverages proprietary technologies in forming, decoration and quality control to serve both mass-market and premium brands.
Tracing its origins to the early 20th century through the merger of prominent regional glassmakers, the company adopted the Owens-Illinois name in 1929 before rebranding as O-I Glass in 2015.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
Should You Invest $1,000 in O-I Glass Right Now?Before you consider O-I Glass, you'll want to hear this.
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O-I Glass, Inc. (OI) Q2 2026 Earnings Call July 29, 2026 8:00 AM EDT
Company Participants
Christopher Manuel - Vice President of Investor Relations
Gordon Hardie - CEO, President & Director
John Haudrich - Senior VP & CFO
Conference Call Participants
William Kaatz - Robert W. Baird & Co. Incorporated, Research Division
Michael Roxland - Truist Securities, Inc., Research Division
Arun Viswanathan - RBC Capital Markets, Research Division
George Staphos - BofA Securities, Research Division
Bryan Burgmeier - Citigroup Inc., Research Division
Presentation
Operator
Thank you for standing by. My name is Gabby, and I will be your conference moderator today. At this time, I would like to welcome everyone to the O-I Glass Second Quarter 2026 Earnings Conference Call. [Operator Instructions] I would now like to turn the call over to Chris Manuel, Vice President of Investor Relations. Please go ahead.
Christopher Manuel
Vice President of Investor Relations
Thank you, Gabby. Good morning, everyone, and welcome to the O-I Glass Second Quarter 2026 Earnings Conference Call. With me today are Gordon Hardie, our CEO; and John Haudrich, our CFO. After prepared remarks, we will open the line for Q&A. Our press release and earnings materials are available on the company's website. Please review the safe harbor statements and disclosure regarding our use of non-GAAP financial measures included in those materials. Today's remarks do include forward-looking statements, and actual results may differ materially from our current expectations. With that, I'll turn the call over to Gordon, who will begin on Slide 3.
Gordon Hardie
CEO, President & Director
Thank you, Chris, and good morning, everyone. Today, we will review our second quarter results, discuss market conditions and provide an updated view of our 2026 outlook and 2027 targets. Before I begin, I want to thank our O-I colleagues around the world for their continued commitment and flexibility during a challenging operating period. Let
Shares of O-I Glass (OI -16.39%), a leading maker of glass bottles and containers, were moving lower today after the company came up short in its second-quarter earnings report.
As of 1:41 p.m. ET, the stock was down 17.4% on the news.
Image source: Getty Images.
What happened with O-I Glass Overall revenue was down 2% to $1.67 billion, just shy of expectations at $1.69 billion.
Bottom-line results were even more disappointing as adjusted earnings per share fell from $0.53 to $0.09, well below the consensus at $0.26 per share. Management cited operational challenges in Europe, including competitive pricing pressure, elevated energy costs, and a temporary disruption in operations due to restructuring. Operating profit in Europe was just $6 million, while operating profit in the Americas increased 22% to $165 million, with a 17.4% operating margin.
Management credited its Fit to Win cost-savings program for delivering strong results in the Americas. The company also took a $873 million goodwill impairment charge in Europe due to a decline in its stock price, weaker results, and a lower outlook in Europe.
Today's Change
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What's next for O-I Glass Looking ahead to the rest of the year, O-I cut its guidance. The company now sees adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $1 billion-$1.1 billion for the year, down from an earlier target of $1.125 billion-$1.225 billion, due to the challenges in Europe.
It also lowered its adjusted EBITDA target for 2027 as it now sees $1.2 billion-$1.3 billion in adjusted EBITDA, compared to an earlier forecast of $1.45 billion.
Given that, it's not surprising to see the stock down double digits today.
Jeremy Bowman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
O-I Glass (OI - Free Report) came out with quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -59.09%. A quarter ago, it was expected that this glass container manufacturer would post earnings of $0.09 per share when it actually produced earnings of $0.05, delivering a surprise of -44.44%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
O-I Glass, which belongs to the Zacks Glass Products industry, posted revenues of $1.67 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 4.51%. This compares to year-ago revenues of $1.71 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
O-I Glass shares have lost about 37.7% since the beginning of the year versus the S&P 500's gain of 8.3%.
What's Next for O-I Glass?While O-I Glass has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for O-I Glass was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.50 on $1.64 billion in revenues for the coming quarter and $1.14 on $6.27 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Glass Products is currently in the top 14% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
CECO Environmental (CECO - Free Report) , another stock in the broader Zacks Industrial Products sector, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 6.
This maker of air pollution controls and industrial ventilation systems is expected to post quarterly earnings of $0.22 per share in its upcoming report, which represents a year-over-year change of -8.3%. The consensus EPS estimate for the quarter has been revised 4.8% lower over the last 30 days to the current level.
CECO Environmental's revenues are expected to be $279.18 million, up 50.6% from the year-ago quarter.
For the quarter ended June 2026, O-I Glass (OI - Free Report) reported revenue of $1.67 billion, down 2.2% over the same period last year. EPS came in at $0.09, compared to $0.53 in the year-ago quarter.
The reported revenue represents a surprise of +4.51% over the Zacks Consensus Estimate of $1.6 billion. With the consensus EPS estimate being $0.22, the EPS surprise was -59.09%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how O-I Glass performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Geographic Revenue- Americas: $949 million compared to the $901.6 million average estimate based on two analysts. The reported number represents a change of +0.6% year over year.Geographic Revenue- Europe: $704 million versus $672.06 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -5% change.Net Sales- Other: $15 million compared to the $22.37 million average estimate based on two analysts. The reported number represents a change of -31.8% year over year.Net Sales- Reportable segment totals: $1.65 billion compared to the $1.61 billion average estimate based on two analysts.View all Key Company Metrics for O-I Glass here>>>
Shares of O-I Glass have returned -4.1% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
PERRYSBURG, Ohio, July 28, 2026 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) today announced its financial results for the second quarter ended June 30, 2026.
Please follow the links below to view our second quarter 2026 earnings documents.
O-I Glass Second Quarter 2026 Earnings Release and Financial Tables
O-I Glass Second Quarter 2026 Earnings Presentation
O-I CEO Gordon Hardie and CFO John Haudrich will conduct a conference call to discuss the company’s latest results on Wednesday, July 29, 2026, at 8:00 a.m. ET. A live webcast of the conference call, including presentation materials, will be available on the O-I website, www.o-i.com/investors, in the Events and Presentations section. A replay of the call will be available on the website for a year following the event.
ABOUT O-I GLASS
At O-I Glass, Inc. (NYSE: OI), we are proud to be one of the leading producers of glass bottles and jars around the globe. Glass is not only beautiful, it is also pure, healthy, and completely recyclable, making it the most sustainable rigid packaging material. Headquartered in Perrysburg, Ohio (USA), O-I is the preferred partner for many of the world’s leading food and beverage brands. We innovate in line with customers’ needs to create iconic packaging that builds brands around the world. Led by our diverse team of approximately 19,000 people across 61 plants in 18 countries, O-I achieved revenues of $6.4 billion in 2025. Learn more about us: o-i.com / Instagram / LinkedIn
Wall Street expects a year-over-year decline in earnings on lower revenues when O-I Glass (OI - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on July 28, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis glass container manufacturer is expected to post quarterly earnings of $0.22 per share in its upcoming report, which represents a year-over-year change of -58.5%.
Revenues are expected to be $1.6 billion, down 6.5% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 3.85% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for O-I Glass?For O-I Glass, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that O-I Glass will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that O-I Glass would post earnings of $0.09 per share when it actually produced earnings of $0.05, delivering a surprise of -44.44%.
Over the last four quarters, the company has beaten consensus EPS estimates three times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
O-I Glass doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
PERRYSBURG, Ohio, July 09, 2026 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) has scheduled its second quarter 2026 conference call and webcast for Wednesday, July 29, 2026, at 8 a.m. EDT. The Company’s news release for the second quarter 2026 earnings will be issued after the market closes on Tuesday, July 28.
What: O-I Conference Call and Webcast
Earnings presentation materials will also be posted on the O-I website, www.o-i.com/investors, when the earnings news release is issued.
When: Wednesday, July 29, 2026, at 8 a.m. EDT
Where: https://events.q4inc.com/attendee/734602619 or at www.o-i.com/investors, Events and Presentations page
The webcast will be archived at www.o-i.com/investors until July 2027.
ABOUT O-I GLASS
At O-I Glass, Inc. (NYSE: OI), we are proud to be one of the leading producers of glass bottles and jars around the globe. Glass is not only beautiful, it is also pure, healthy, and completely recyclable, making it the most sustainable rigid packaging material. Headquartered in Perrysburg, Ohio (USA), O-I is the preferred partner for many of the world’s leading food and beverage brands. We innovate in line with customers’ needs to create iconic packaging that builds brands around the world. Led by our diverse team of approximately 19,000 people across 61 plants in 18 countries, O-I achieved revenues of $6.4 billion in 2025. Learn more about us: o-i.com / Instagram / LinkedIn
Intercontinental Exchange, Inc. (NYSE: ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today
