O-I Glass reports Q2 EPS 53c, consensus 41c

Reports Q2 revenue $1.70B, consensus $1.71B. The company said. “Our teams executed effectively to deliver a strong second quarter 2025 performance, despite a sluggish demand environment. While reported earnings declined year-over-year due to restructuring charges, our adjusted earnings rose 20 percent compared to the second quarter of last year. Notably, the company’s continued performance on Fit to Win initiatives to improve our competitive position has more than offset macroeconomic softness in several markets. The company remains focused on executing against controllable factors-and the results reflect that discipline. Year-to-date, Fit to Win benefits have reached $145 million, reinforcing our confidence in achieving or surpassing the ambitious goals we set during our recent Investor Day. Given our strong performance and momentum, we are raising our full-year 2025 guidance and now anticipate adjusted earnings will increase 60 to 90 percent over 2024.”