O-I Glass (OI) to Announce Earnings on Tuesday

O-I Glass (NYSE:OI) is projected to post its Q2 2026 results after the market closes on Tuesday, July 28th. Analysts expect the company to announce earnings of $0.22 per share and revenue of $1.6802 billion for the quarter. O-I Glass has set its FY 2026 guidance at 1.000-1.500 EPS. Parties can find conference call details on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 8:00 AM ET.

O-I Glass (NYSE:OI) last announced its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.04). O-I Glass had a negative net margin of 2.91% and a positive return on equity of 13.65%. The firm had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.47 billion. During the same period in the prior year, the company posted $0.40 earnings per share. The firm’s revenue for the quarter was down 1.7% on a year-over-year basis. On average, analysts expect O-I Glass to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

O-I Glass Trading Down 1.8%

O-I Glass stock opened at $8.94 on Tuesday. The firm has a market cap of $1.37 billion, a PE ratio of -7.33, a P/E/G ratio of 1.10 and a beta of 0.62. O-I Glass has a 12 month low of $7.75 and a 12 month high of $16.91. The stock’s 50 day simple moving average is $9.02 and its two-hundred day simple moving average is $11.45. The company has a current ratio of 1.26, a quick ratio of 0.73 and a debt-to-equity ratio of 3.35.

Insider Activity

In other news, SVP Eduardo Restrepo acquired 3,309 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were bought at an average price of $8.98 per share, for a total transaction of $29,714.82. Following the completion of the purchase, the senior vice president directly owned 94,199 shares of the company’s stock, valued at approximately $845,907.02. This trade represents a 3.64% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Darrow A. Abrahams purchased 2,774 shares of O-I Glass stock in a transaction dated Monday, May 11th. The shares were bought at an average cost of $9.04 per share, for a total transaction of $25,076.96. Following the transaction, the senior vice president directly owned 235,928 shares of the company’s stock, valued at approximately $2,132,789.12. The trade was a 1.19% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders bought a total of 17,083 shares of company stock valued at $157,312 over the last 90 days. Insiders own 1.00% of the company’s stock.

Hedge Funds Weigh In On O-I Glass

Hedge funds have recently made changes to their positions in the business. Barclays PLC raised its position in O-I Glass by 0.3% in the 4th quarter. Barclays PLC now owns 246,766 shares of the industrial products company’s stock worth $3,642,000 after purchasing an additional 755 shares during the period. Smartleaf Asset Management LLC boosted its position in shares of O-I Glass by 64.1% during the second quarter. Smartleaf Asset Management LLC now owns 2,350 shares of the industrial products company’s stock valued at $35,000 after buying an additional 918 shares during the period. Amundi boosted its position in shares of O-I Glass by 1.4% during the second quarter. Amundi now owns 75,483 shares of the industrial products company’s stock valued at $1,175,000 after buying an additional 1,031 shares during the period. Corient Private Wealth LLC grew its stake in shares of O-I Glass by 6.0% during the fourth quarter. Corient Private Wealth LLC now owns 18,694 shares of the industrial products company’s stock valued at $277,000 after buying an additional 1,062 shares during the last quarter. Finally, Osaic Holdings Inc. raised its holdings in shares of O-I Glass by 29.7% in the second quarter. Osaic Holdings Inc. now owns 6,779 shares of the industrial products company’s stock worth $100,000 after buying an additional 1,554 shares during the period. Institutional investors and hedge funds own 97.24% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on OI. Truist Financial decreased their target price on shares of O-I Glass from $14.00 to $13.00 and set a “buy” rating on the stock in a report on Wednesday, July 15th. Wells Fargo & Company dropped their price objective on shares of O-I Glass from $13.00 to $12.00 and set an “overweight” rating for the company in a report on Wednesday, July 15th. Citigroup cut their price target on O-I Glass from $12.00 to $10.00 and set a “neutral” rating on the stock in a report on Monday, May 4th. Royal Bank Of Canada reduced their price objective on shares of O-I Glass from $14.00 to $11.00 and set an “outperform” rating on the stock in a report on Thursday, July 9th. Finally, Weiss Ratings raised O-I Glass from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, July 15th. Four analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $13.57.

O-I Glass Company Profile

O-I Glass, Inc is a leading global manufacturer of glass containers, supplying the food and beverage, wine and spirits, pharmaceutical, cosmetic and personal care industries. Headquartered in Perrysburg, Ohio, the company produces a broad range of glass packaging solutions, including bottles and jars, designed to meet customer specifications for size, shape, color and performance. O-I leverages proprietary technologies in forming, decoration and quality control to serve both mass-market and premium brands.

Tracing its origins to the early 20th century through the merger of prominent regional glassmakers, the company adopted the Owens-Illinois name in 1929 before rebranding as O-I Glass in 2015.