Earnings Outlook For O-I Glass
Portfolio Pulse from Benzinga Insights
O-I Glass (NYSE:OI) is set to release its latest quarterly earnings report on August 1, 2023. Analysts estimate an earnings per share (EPS) of $0.83. The company's past performance shows it beat EPS estimates last quarter, resulting in a 0.43% increase in share price. The stock is currently trading at $23.23, up 58.52% over the last 52-week period.
July 31, 2023 | 7:09 pm
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O-I Glass is expected to report an EPS of $0.83 in its upcoming earnings. The company's stock price increased by 0.43% after beating EPS estimates last quarter. The stock has seen a 58.52% increase over the past year.
The company's past performance of beating EPS estimates and the subsequent positive impact on the stock price indicates a potential positive short-term impact on the stock if the company beats the EPS estimate again. The stock's strong performance over the past year also suggests investor confidence in the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100