Benzinga | Aug 4, 2020 04:23PM EDT

Owens-Illinois Q2 Adj. EPS $0.01 Misses $0.07 Estimate, Sales $1.40B Miss $1.46B Estimate

Owens-Illinois (NYSE:OI) reported quarterly earnings of $0.01 per share which missed the analyst consensus estimate of $0.07 by 85.71 percent. This is a 98.55 percent decrease over earnings of $0.69 per share from theOwens-Illinois (NYSE:OI) reported quarterly earnings of $0.01 per share which missed the analyst consensus estimate of $0.07 by 85.71 percent. This is a 98.55 percent decrease over earnings of $0.69 per share from the same period last year. The company reported quarterly sales of $1.40 billion which missed the analyst consensus estimate of $1.46 billion by 4.11 percent. This is a 20.27 percent decrease over sales of $1.76 billion the same period last year.