$OI

Earnings Flash (OI) O-I Glass Posts Q2 Adjusted EPS $0.09, vs. FactSet Est of $0.24

O-I Glass Inc reported Q2 adjusted EPS of $0.09, below FactSet’s estimate of $0.24. The company also posted Q2 revenue of $1.67 billion, slightly under FactSet’s $1.68 billion forecast, according to the earnings flash report. The stock closed at $9.06, down 1.52% on the day.

Original reporting
Published Jul 28, 2026, 9:24 PM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Jul 29, 2026, 4:24 AM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
alphai market briefEarnings
Primary signal
$OI
Bearish
medium confidence
Mentioned
$OI
Relevance
7/10
alphai data visualization · based on marketscreener.com
Decision brief

The 30-second read

$OIBearishMed
01

Why it matters

An adjusted EPS miss (0.09 vs 0.24) is the main negative datapoint, while revenue is nearly flat versus consensus (1.67B vs 1.68B).

02

Market read

Traders can use the consensus comparison to update near-term expectations and position for any subsequent guidance or analyst revisions not included here.

03

What to watch

The article lacks management commentary, guidance, margins, and cash flow, which are often necessary to judge whether the EPS miss is recurring or non-core.

Relevance 7/10Novelty 6/10Timing: after-hours earnings flash for Q2 (published 2026-07-28 21:24 UTC)

Background

This is an earnings flash for O-I Glass’s Q2 results, comparing adjusted EPS and revenue to FactSet estimates.

Company-level read

Ticker impact

$OIBearishMedium confidence
Context

O-I Glass reported Q2 adjusted EPS of $0.09 versus FactSet $0.24, alongside Q2 revenue of $1.67B versus $1.68B.

Expected impact

Likely downside bias into the next session as traders reprice the EPS miss versus consensus.

Evidence & confidence

The article provides the key print versus consensus (EPS miss) and revenue near consensus, which is usually the dominant driver for immediate repricing.

Market effects

Glass/packaging peers may see read-across on demand and pricing power, but the article provides no sector guidance beyond this print.

No regional demand or macro drivers are specified in the text.

No global supply chain or international regulatory items are mentioned.

Counterpoint

If revenue is essentially in-line, the market may focus on whether the EPS miss is temporary (cost timing, one-offs) rather than a structural demand decline.

Key entities

  • O-I Glass Inc

    Reported Q2 adjusted EPS of $0.09 versus FactSet $0.24, and Q2 revenue of $1.67B versus $1.68B.

Related articles

$OIHighAI 9/10

O-I Glass Q2 Earnings Call Highlights

O-I Glass (NYSE:OI) reported Q2 earnings call highlights focused on weak Europe results. Net sales fell 5% to $704 million and segment operating profit dropped to $6 million from $90 million. O-I cited price pressure, higher energy costs, restructuring inefficiencies, and furnace events. It withdrew 2026 EPS guidance and expects 2026 adjusted EBITDA of $1.0B-$1.1B.

$OIMedAI 8/10

Why O-I Glass Stock Was Falling Today

O-I Glass (OI) shares fell about 17% after its Q2 results missed expectations. Revenue declined 2% to $1.67B versus $1.69B expected. Adjusted EPS dropped to $0.09 from $0.53, below the $0.26 consensus. The company cited Europe operational issues and took an $873M goodwill impairment charge, and it cut 2024 and 2027 EBITDA guidance.

$OIHighAI 9/10

I Glass Reports Q2 2026 Results: Goodwill Impairment Drives Loss Amid European Headwinds, Americas Segment Shows Strong Profit Growth – Minichart

O-I Glass, Inc. (NYSE: OI) reported Q2 2026 net sales of $1.668B, down 2% YoY, and a net loss of $972M, including an $873M non-cash goodwill impairment tied to Europe. The company cut 2026 adjusted EBITDA guidance to $1.0–$1.1B and expects free cash flow use of $50–$150M. Americas profit rose while Europe operating profit fell to $6M.

$OIMed

O-I Glass Latest Results: Withdraws FY Outlook On Tax Rate Volatility

O-I Glass said it withdrew its fiscal year guidance for adjusted earnings, citing volatility in its effective tax rate. The company said the tax rate is highly sensitive to changes in operating earnings, making forward-looking adjusted earnings targets unreliable. Investors may see wider variance in net income due to tax accounting.

$OIMedAI 8/10

I Glass Q2 adjusted EPS $0.09 misses $0.26 estimate, sales $1.668B

O-I Glass (NYSE: OI) reported Q2 2026 adjusted EPS of $0.09, below the $0.26 analyst estimate. Sales were $1.668B versus $1.691B consensus. The company also withdrew fiscal-year adjusted earnings guidance due to volatility in its effective tax rate. Management will discuss results on July 29, 2026.

$OIHighAI 9/10

Why is O-I Glass stock plunging today? By Investing.com

Investing.com reports O-I Glass shares fell about 15% in after-hours to $7.7 after a Q2 2026 earnings miss. Adjusted EPS was $0.09 vs $0.29 expected, and revenue was $1.67B vs $1.7B. The company recorded an $873M goodwill impairment and cut full-year 2026 and 2027 guidance, citing weaker volumes and energy cost inflation.