Benzinga | Oct 25, 2021 04:59PM EDT

O-I Glass: Q3 Earnings Insights

O-I Glass (NYSE:OI) reported its Q3 earnings results on Monday, October 25, 2021 at 04:20 PM.

Here's what investors need to know about the announcement.

Earnings

O-I Glass beat their estimated earnings by 11.54%, which surprised analysts.

Revenue was up $7,000,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07, which was followed by a 4.1% drop in the share price the next day.

Here's a look at O-I Glass's past performance and the resulting price change:



Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 0.47 0.30 0.34 0.28EPS Actual 0.54 0.35 0.40 0.41Revenue Estimate 1.55B 1.46B 1.48B 1.54BRevenue Actual 1.66B 1.50B 1.50B 1.62B

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