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O-I Glass (OI)
NYSE:OI
Earnings Data
Report Date
Jul 29, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.4Last Year’s EPS
0.44Same Quarter Last Year
Moderate Buy
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 29, 2025
|% Change Since: 10.37%
|Next Earnings Date:Jul 29, 2025
Earnings Call Sentiment|Neutral
The earnings call highlights a strong start to 2025 with better-than-expected earnings and significant savings from the Fit to Win program. Growth in the Americas and successful inventory reduction are positive indicators. However, challenges in Europe, the potential impact of global trade policies, and recent volume declines pose concerns. Overall, the positive aspects slightly outweigh the negatives, but caution remains due to external uncertainties.Company Guidance
In the O-I Glass First Quarter 2025 Earnings Conference Call, the company provided several key metrics and guidance on their performance and future outlook. The first quarter of 2025 saw adjusted earnings of $0.40 per share, which, although lower than the previous year, surpassed management's expectations thanks to a more than 4% increase in shipments and $61 million in savings from the Fit to Win program. The company is reaffirming its full-year 2025 guidance, expecting adjusted earnings to improve by 50% to 85% compared to 2024, with an expected range of $1.20 to $1.50 per share. Segment operating profit increased significantly in the Americas due to strategic initiatives, while Europe faced challenges with lower net prices and temporary production downtime. O-I Glass aims to achieve $250 million in savings for 2025 and $650 million by 2027 through its Fit to Win program, which focuses on cost reduction and network optimization. Additionally, the company is cautiously optimistic due to potential impacts from changing global trade policies and tariffs, with 14% of global sales volume crossing the U.S. border and 4.5% exposed to new tariffs. The company remains confident in achieving its financial goals despite these uncertainties.Strong Start to 2025
O-I Glass reported first quarter adjusted earnings of $0.40 per share, which exceeded management's expectations due to stronger than anticipated sales volume growth and $61 million in savings from the Fit to Win program.
Growth in the Americas
Segment operating profit improved significantly in the Americas, driven by strong demand, stable net price amid tight capacity, and $27 million in Fit to Win benefits. Shipments were up more than 4% in the Americas.
Fit to Win Program Success
The Fit to Win program generated $61 million in savings during the first quarter, exceeding initial plans. The program aims to achieve $250 million in savings in 2025 and $650 million cumulatively by 2027.
Inventory Reduction Achievements
Inventory levels were reduced by $225 million from the same time last year, with the aim to be below 50 days IDS by the end of 2025.
Reaffirmed 2025 Guidance
O-I reaffirmed its full year 2025 guidance, expecting adjusted earnings to improve by 50% to 85% from fiscal year 2024, ranging between $1.20 and $1.50 per share.
OI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
OI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 29, 2025 | $12.15 | $12.66 | +4.20% |
Feb 04, 2025 | $11.73 | $12.06 | +2.81% |
Oct 29, 2024 | $12.44 | $11.55 | -7.15% |
Jul 30, 2024 | $11.62 | $13.36 | +14.97% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does O-I Glass (OI) report earnings?
O-I Glass (OI) is schdueled to report earning on Jul 29, 2025, TBA Not Confirmed.
What is O-I Glass (OI) earnings time?
O-I Glass (OI) earnings time is at Jul 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OI EPS forecast?
OI EPS forecast for the fiscal quarter 2025 (Q2) is 0.4.