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Wells Fargo maintains O-I Glass at overweight, cuts target to US$19 and lowers 2024/2025 EPS estimates, expects weak glass volumes persisting further into 2024; despite lower shipment and recovery outlook, O-I's long-term earnings potential remains intact
Published: May 02, 2024 by Wells Fargo & Co.
Zacks: O-I Glass' Q1 EPS beat estimate but down 65% year-over-year on lower volumes due to weak consumer demand, inventory destocking across value chain; revenues miss and fall 13%, driven by lower segmental operating profit and higher interest expenses
Published: May 01, 2024 by Zack's Commentary
O-I Glass Reports First Quarter 2024 Results
Published: April 30, 2024 by O-I Glass Inc.
O-I Glass holds ‘Topping-Off’ event for its new MAGMA facility in Bowling Green, Kentucky; company plans to invest up to US240M in multiple expansion waves at the plant and create up to 140 new jobs in the region
Published: April 26, 2024 by O-I Glass Inc.
O-I partnering with Anheuser-Busch, Recycle Colorado, Keep America Beautiful, The City of Greeley and Denver Broncos Football Club on 'The Denver Series' glass recycling initiative; O-I uses collected, recycled glass from initiative to make new containers
Published: April 25, 2024 by O-I Glass Inc.

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