O-I Glass (OI) to Release Earnings on Tuesday

O-I Glass (NYSE:OIGet Free Report) is expected to release its Q2 2026 results after the market closes on Tuesday, July 28th. Analysts expect the company to announce earnings of $0.29 per share and revenue of $1.6802 billion for the quarter. O-I Glass has set its FY 2026 guidance at 1.000-1.500 EPS. Parties may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 8:00 AM ET.

O-I Glass (NYSE:OIGet Free Report) last released its earnings results on Tuesday, April 28th. The industrial products company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.04). The firm had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.47 billion. O-I Glass had a positive return on equity of 13.65% and a negative net margin of 2.91%.The company’s revenue for the quarter was down 1.7% compared to the same quarter last year. During the same period last year, the firm earned $0.40 EPS. On average, analysts expect O-I Glass to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

O-I Glass Price Performance

Shares of NYSE OI opened at $9.04 on Monday. O-I Glass has a 52 week low of $7.75 and a 52 week high of $16.91. The business’s 50 day moving average price is $9.04 and its 200 day moving average price is $11.28. 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 firm has a market cap of $1.39 billion, a P/E ratio of -7.41, a P/E/G ratio of 1.10 and a beta of 0.62.

Insider Buying and Selling at O-I Glass

In other news, 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 price of $9.04 per share, with a total value of $25,076.96. Following the purchase, the senior vice president directly owned 235,928 shares of the company’s stock, valued at $2,132,789.12. This trade represents a 1.19% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Randolph L. Burns acquired 11,000 shares of the company’s stock in a transaction dated Friday, May 8th. The shares were purchased at an average cost of $9.32 per share, for a total transaction of $102,520.00. Following the purchase, the senior vice president directly owned 133,932 shares in the company, valued at approximately $1,248,246.24. This trade represents a 8.95% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders purchased 17,083 shares of company stock valued at $157,312. 1.00% of the stock is owned by company insiders.

Institutional Trading of O-I Glass

Hedge funds have recently added to or reduced their stakes in the company. Headlands Technologies LLC purchased a new position in O-I Glass in the second quarter valued at $29,000. 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 acquiring an additional 2,192 shares in the last quarter. Quarry LP purchased a new stake in shares of O-I Glass during the 4th quarter worth about $32,000. State of Wyoming acquired a new stake in shares of O-I Glass during the 2nd quarter valued at about $35,000. Finally, Smartleaf Asset Management LLC grew its position in shares of O-I Glass by 64.1% during the 2nd 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 during the period. 97.24% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Zacks Research upgraded shares of O-I Glass from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. Weiss Ratings upgraded shares of O-I Glass from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, July 15th. Citigroup reduced their target price on shares of O-I Glass from $12.00 to $10.00 and set a “neutral” rating for the company in a report on Monday, May 4th. Royal Bank Of Canada decreased their target price on shares of O-I Glass from $14.00 to $11.00 and set an “outperform” rating for the company in a research report on Thursday, July 9th. Finally, Truist Financial lowered their price target on shares of O-I Glass from $14.00 to $13.00 and set a “buy” rating on the stock in a report on Wednesday, July 15th. Four equities 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 company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $13.57.

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About O-I Glass

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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.

Further Reading

Earnings History for O-I Glass (NYSE:OI)

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