O-I Glass: Q1 Earnings Snapshot

PERRYSBURG, Ohio (AP) — PERRYSBURG, Ohio (AP) — O-I Glass, Inc. (OI) on Tuesday reported first-quarter profit of $72 million.

On a per-share basis, the Perrysburg, Ohio-based company said it had profit of 45 cents.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 36 cents per share.

The glass container manufacturer posted revenue of $1.59 billion in the period.

O-I Glass expects full-year earnings in the range of $1.50 to $2 per share.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OI at https://www.zacks.com/ap/OI

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