O-I Glass (OI) reported $1.54 billion in revenue for the quarter ended March 2026, representing a year-over-year decline of 1.7%. EPS of $0.05 for the same period compares to $0.40 a year ago.
The reported revenue represents a surprise of +7.77% over the Zacks Consensus Estimate of $1.43 billion. With the consensus EPS estimate being $0.09, the EPS surprise was -46.41%.
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: $871 million versus $809.07 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -0.2% change. Geographic Revenue- Europe: $655 million compared to the $594.54 million average estimate based on two analysts. The reported number represents a change of -1.8% year over year. Net Sales- Other: $14 million compared to the $25.33 million average estimate based on two analysts. The reported number represents a change of -48.2% year over year.View all Key Company Metrics for O-I Glass here>>>
Shares of O-I Glass have returned +3.9% over the past month versus the Zacks S&P 500 composite's +12.8% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.Zacks' Research Chief Names "Stock Most Likely to Double"
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O-I Glass, Inc. (OI): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).