The highly anticipated financial results for the third quarter of O-I Glass (NYSE: OI) are scheduled to be disclosed on Tuesday 29th October 2024. This important update will be made available after market close, providing investors and market participants with key information regarding the company's financial status.
Financial analysts on Wall Street are predicting that the establishment is about to reveal an estimated $0.04 profit per share for the quarter. Additionally, the company is projected to announce a total revenue of $1.76 billion for this period.
When examining the corresponding quarter from the previous year, the company's earnings report highlighted a per-share income of $0.8. This results was derived from the company's total revenue, which reached an impressive $1.74 billion during same quarter.
Financial experts on Wall Street have shared their predictions regarding the company's annual performance, estimating a total revenue of $6.77 billion. Additionally, they are expecting the company to report profit of $1.13 per share for the full year 2024.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.44 | -50.0% | 1.73 B | -8.5% |
| Q1 2024 | $0.45 | -65.1% | 1.59 B | -13.0% |
| Q4 2023 | $0.12 | -68.4% | 1.64 B | -3.1% |
| Q3 2023 | $0.80 | +27.0% | 1.74 B | +2.8% |
| Q2 2023 | $0.88 | +20.5% | 1.89 B | +6.3% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 30th October 2024 at 08:00 AM eastern time to discuss Q3 financial results.
Friday's trading saw O-I Glass (OI) shares hit a low of $12.14 and a high of $12.44, with a day volume of 802.40 thousand shares. The stock closed the regular trading session at $12.15, marking 1.06 percent decrease.
