OI Stock Recent News

PERRYSBURG, Ohio, Jan. 11, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) has scheduled its full year and fourth quarter 2023 conference call and webcast for Wednesday, February 7, 2024, at 8 a.m. EST. The Company's news release for the full year and fourth quarter 2023 earnings will be issued after the market closes on Tuesday, February 6.

Lower sales volumes impact O-I Glass's (OI) performance, reflecting the current inventory destocking actions and weak consumer demand in a few markets.

PERRYSBURG, Ohio, Nov. 15, 2023 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) today announced the Company will participate in Citi's 2023 Basic Materials Conference on Wednesday, November 29, 2023.

O-I Glass, Inc. (NYSE:OI ) Q3 2023 Results Conference Call November 1, 2023 8:00 AM ET Company Participants Chris Manuel - Vice President of Investor Relations Andres Lopez - President and Chief Executive Officer John Haudrich - Senior Vice President and Chief Financial Officer Conference Call Participants Ghansham Panjabi - Baird George Staphos - Bank of America Mike Roxland - Truist Securities Arun Viswanathan - RBC Capital Markets Gabe Hadji - Wells Fargo Securities Roger Schmitz - Bank of America Operator Hello everyone, and welcome to the O-I Glass Third Quarter 2023 Earnings Conference Call. My name is Nadia and I will be called late in the call today.

Solid end-market demand and the focus on unveiling innovative products will aid the Zacks Glass Products industry's growth. This bodes well for stocks like OI, APOG and VIEW.

O-I Glass, a glass bottle producer, has performed poorly in the past two decades with no real growth despite acquisitions. The company has achieved a higher margin in H1 of 2023 as a result of higher pricing and cost efficiencies. I still worry about the margin's sustainability as well as the very low growth prospects.

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PERRYSBURG, Ohio, Sept. 28, 2023 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) has scheduled its third quarter 2023 conference call and webcast for Wednesday, November 1, 2023, at 8 a.m. EDT. The Company's news release for the third quarter 2023 earnings will be issued after the market closes on Tuesday, October 31.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

The heavy selling pressure might have exhausted for O-I Glass (OI) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.