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O-I Glass, Inc. /DE/ (OI)

Earnings summaries and quarterly performance for O-I Glass, Inc. /DE/.

Recent press releases and 8-K filings for OI.

O-I Glass Reports Strong Q3 2025 Adjusted Earnings, Raises Full-Year Guidance
OI
Earnings
Guidance Update
Demand Weakening
  • O-I Glass reported Q3 2025 adjusted earnings of $0.48 per share, exceeding both last year's performance and initial plans.
  • The company raised its full-year 2025 adjusted earnings guidance to $1.55-$1.65 per share, which is nearly double its 2024 results.
  • The "Fit-to-Win" initiative contributed $75 million in savings in Q3 and $220 million year-to-date, with full-year 2025 savings now expected to range between $275-$300 million.
  • Despite stable net sales, full-year 2025 sales volumes are projected to be down about 2% due to softer consumer demand, though this is largely offset by net price improvements and Fit-to-Win benefits.
  • O-I anticipates continued growth in adjusted earnings and free cash flow in 2026, driven by strong initiative benefits and disciplined capital allocation.
Nov 5, 2025, 1:00 PM
OI Announces Strong Q3 2025 Earnings and Raised Full-Year Guidance
OI
Earnings
Guidance Update
New Projects/Investments
  • Adjusted earnings per share (aEPS) for Q3 2025 significantly improved to $0.48/sh, compared to ($0.04)/sh in the prior year period.
  • Segment Operating Profit for Q3 2025 increased by 63% to $235 million, with Segment Operating Profit Margins rising 570 basis points to 14.4%. Net sales remained stable at $1,653 million.
  • The company raised its 2025 adjusted EPS guidance to $1.55 - $1.65.
  • The "Fit To Win" program contributed $75 million in benefits during Q3 2025, bringing year-to-date benefits to $220 million, and the company anticipates exceeding its 2025 savings target.
Nov 5, 2025, 1:00 PM
O-I Glass, Inc. Reports Strong Q3 2025 Results and Raises Full-Year Earnings Guidance
OI
Earnings
Guidance Update
  • O-I Glass, Inc. reported net earnings attributable to the company of $0.19 per diluted share for Q3 2025, a significant improvement from a net loss of ($0.52) per diluted share in Q3 2024.
  • Adjusted earnings per share for Q3 2025 were $0.48, compared to an adjusted loss of ($0.04) per share in the prior year period.
  • The company's net sales for Q3 2025 were $1.7 billion, consistent with the prior year period, while segment operating profit increased to $235 million from $144 million in Q3 2024.
  • O-I Glass, Inc. raised its full-year 2025 adjusted earnings guidance to $1.55 - $1.65 per share, up from the previous outlook of $1.30 - $1.55 per share.
Nov 4, 2025, 9:30 PM
O-I Glass Reports Strong Third Quarter 2025 Results and Raises Full-Year Earnings Guidance
OI
Earnings
Guidance Update
  • O-I Glass reported adjusted earnings per share of $0.48 for the third quarter ended September 30, 2025, a significant increase from an adjusted loss of ($0.04) per share in the prior year period.
  • The company's segment operating profit rose to $235 million in Q3 2025, up from $144 million in Q3 2024, with segment operating profit margins improving by 570 basis points.
  • O-I Glass raised its full-year 2025 adjusted earnings guidance to a range of $1.55 - $1.65 per share, an increase from the previous outlook of $1.30 - $1.55 per share.
  • The "Fit to Win" initiatives contributed $75 million in benefits during the third quarter and $220 million year-to-date, positioning the company to exceed its $250 million annual target for 2025.
Nov 4, 2025, 9:20 PM
O-I Glass, Inc. Subsidiary Enters New Credit Agreement
OI
Debt Issuance
  • On September 30, 2025, Owens-Illinois Group, Inc., a direct, wholly owned subsidiary of O-I Glass, Inc., entered into an Amended and Restated Credit Agreement and Syndicated Facility Agreement.
  • This agreement refinances a prior credit agreement and provides for up to $2.7 billion in borrowings, comprising term loans A, term loans B, and a revolving credit facility.
  • The term loans A and the revolving credit facility mature in September 2030, while the term loans B mature in September 2032.
  • The Credit Agreement includes a financial maintenance covenant, a Secured Leverage Ratio, which could restrict the ability of OI Group to undertake additional financing or acquisitions if the ratio exceeds the specified maximum.
Oct 1, 2025, 10:51 AM

Recent SEC filings and earnings call transcripts for OI.

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