OI Stock Recent News

O-I Glass (OI) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.45 per share a year ago.

PERRYSBURG, Ohio, April 29, 2025 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE

In this period of extreme market turbulence, large-cap value stocks are outperforming large-cap growth stocks by nearly 8% YTD. This is a seismic shift in the style regime, as mega-cap growth has typically dominated performance. The Magnificent Seven are underperforming the S&P 500 on average -17.77% vs. -7.64% YTD. Value stocks have come into favor due to their defensive characteristics, hailing from sectors that are more resilient in economic downturns due to their essential nature.

O-I Glass (OI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

Perrysburg, Ohio, April 08, 2025 (GLOBE NEWSWIRE) -- -- Over the past few years, the glass market in France has been considerably challenged, primarily due to a slow-down in the wine market.  This slow-down, combined with overcapacity and strong competition, has prompted the company to consider additional actions to improve its long-term competitiveness.

PERRYSBURG, Ohio, April 03, 2025 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) has scheduled its first quarter 2025 conference call and webcast for Wednesday, April 30, 2025, at 8 a.m. EDT. The Company's news release for the first quarter 2025 earnings will be issued after the market closes on Tuesday, April 29.

OI's biofuel trial at the Harlow plant achieves a significant reduction in greenhouse gas emissions.

OI collaborates with LIN to leverage its OPTIMELTTM TCR technology at its Holzminden plant to lower emissions.

PERRYSBURG, Ohio /HARLOW, United Kingdom,, March 25, 2025 (GLOBE NEWSWIRE) -- -- O-I Glass, Inc. (“O-I Glass” or “O-I”) has recently successfully completed a groundbreaking trial in its plant in Harlow, UK, using 100% biofuel to replace natural gas in the furnace for the glass-making process. This achievement is part of a larger initiative led by Glass Futures, a UK-based glass R&D organization, and part of the UK government's “Net Zero Innovation Portfolio” program, aimed at exploring sustainable fuel options for the industry in the UK.

Danbury, Connecticut/Perrysburg, Ohio, March 24, 2025 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (“O-I Glass” or “O-I”) and Linde today announced plans to install Linde's proprietary OPTIMELTTM Thermochemical Regenerator (TCR) technology at O-I's container glass plant in Holzminden, Germany. This collaboration is expected to significantly reduce both fuel consumption and fuel-based Scope 1 carbon dioxide emissions for O-I, a global leader in glass manufacturing.