O-I Glass (OI) Projected to Announce Earnings on Tuesday

O-I Glass (NYSE:OI) is projected to post its Q2 2026 results after the market closes on Tuesday, July 28th. Analysts expect O-I Glass to post earnings of $0.29 per share and revenue of $1.6802 billion for the quarter. O-I Glass has set its FY 2026 guidance at 1.000-1.500 EPS. Investors may review the information on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Wednesday, July 29, 2026 at 8:00 AM ET.

O-I Glass (NYSE:OI) last posted its earnings results on Tuesday, April 28th. The industrial products company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.04). The firm had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.47 billion. O-I Glass had a positive return on equity of 13.65% and a negative net margin of 2.91%.The firm’s revenue was down 1.7% on a year-over-year basis. During the same quarter last year, the company posted $0.40 EPS. On average, analysts expect O-I Glass to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

O-I Glass Trading Up 1.2%

OI opened at $9.04 on Friday. The stock has a market cap of $1.39 billion, a PE ratio of -7.41, a PEG ratio of 1.10 and a beta of 0.62. The company has a quick ratio of 0.73, a current ratio of 1.26 and a debt-to-equity ratio of 3.35. The business has a 50 day moving average of $9.04 and a 200-day moving average of $11.30. O-I Glass has a 52 week low of $7.75 and a 52 week high of $16.91.

Insider Activity

In other news, SVP Eduardo Restrepo bought 3,309 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was acquired at an average cost of $8.98 per share, with a total value of $29,714.82. Following the completion of the acquisition, the senior vice president owned 94,199 shares of the company’s stock, valued at approximately $845,907.02. This represents a 3.64% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Randolph L. Burns bought 11,000 shares of the company’s stock in a transaction dated Friday, May 8th. The stock was purchased at an average price of $9.32 per share, for a total transaction of $102,520.00. Following the purchase, the senior vice president owned 133,932 shares of the company’s stock, valued at approximately $1,248,246.24. This represents a 8.95% increase in their position. The SEC filing for this purchase provides additional information. Insiders purchased 17,083 shares of company stock worth $157,312 over the last three months. 1.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On O-I Glass

A number of hedge funds have recently added to or reduced their stakes in OI. Royal Bank of Canada boosted its holdings in shares of O-I Glass by 33.9% during the 1st quarter. Royal Bank of Canada now owns 112,800 shares of the industrial products company’s stock valued at $1,294,000 after acquiring an additional 28,548 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of O-I Glass by 154.0% during the first quarter. AQR Capital Management LLC now owns 177,117 shares of the industrial products company’s stock valued at $1,993,000 after purchasing an additional 107,388 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of O-I Glass by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 92,151 shares of the industrial products company’s stock valued at $1,057,000 after purchasing an additional 4,055 shares during the last quarter. United Services Automobile Association bought a new position in O-I Glass during the first quarter valued at approximately $119,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in O-I Glass by 43.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 526,279 shares of the industrial products company’s stock valued at $6,036,000 after purchasing an additional 160,649 shares during the period. 97.24% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have issued reports on OI. Royal Bank Of Canada decreased their price objective on O-I Glass from $14.00 to $11.00 and set an “outperform” rating for the company in a report on Thursday, July 9th. UBS Group decreased their price target on shares of O-I Glass from $21.00 to $18.00 and set a “buy” rating for the company in a research note on Friday, April 10th. Wells Fargo & Company lowered their price target on shares of O-I Glass from $13.00 to $12.00 and set an “overweight” rating for the company in a research report on Wednesday, July 15th. Citigroup cut their price objective on shares of O-I Glass from $12.00 to $10.00 and set a “neutral” rating on the stock in a report on Monday, May 4th. Finally, Truist Financial decreased their target price on shares of O-I Glass from $14.00 to $13.00 and set a “buy” rating for the company in a research note on Wednesday, July 15th. Four equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $13.57.

About O-I Glass

O-I Glass, Inc is a leading global manufacturer of glass containers, supplying the food and beverage, wine and spirits, pharmaceutical, cosmetic and personal care industries. Headquartered in Perrysburg, Ohio, the company produces a broad range of glass packaging solutions, including bottles and jars, designed to meet customer specifications for size, shape, color and performance. O-I leverages proprietary technologies in forming, decoration and quality control to serve both mass-market and premium brands.

Tracing its origins to the early 20th century through the merger of prominent regional glassmakers, the company adopted the Owens-Illinois name in 1929 before rebranding as O-I Glass in 2015.