Reuters
2022.08.03 05:34

O-I Glass Reports Q2 2022 Results

Aug 2 (Reuters) - O-I Glass Inc:

Aug 2 (Reuters) - O-I Glass Inc (OI.N) :

  • O-I GLASS REPORTS SECOND QUARTER 2022 RESULTS

  • Q2 SALES $1.8 BILLION

  • FOR Q2 2022, NET EARNINGS ATTRIBUTABLE TO COMPANY WERE $1.59 PER SHARE

  • QTRLY ADJUSTED EPS $0.73

  • INCREASED FULL-YEAR 2022 FINANCIAL OUTLOOK

  • QTRLY SHIPMENTS (IN TONS, EXCLUDING DIVESTITURES) IMPROVED APPROXIMATELY ONE PERCENT

  • EXPECTS THIRD QUARTER 2022 ADJUSTED EARNINGS WILL APPROXIMATE $0.55 TO $0.60 PER SHARE

  • EXPECTS ADJUSTED EARNINGS PER SHARE OF BETWEEN $2.05 AND $2.20 PER SHARE FOR FULL YEAR 2022

  • EXPECTS EXPECTS ADJUSTED FREE CASH FLOW OF AT LEAST $400 MILLION AND FREE CASH FLOW OF AT LEAST $175 MILLION FOR FULL YEAR 2022

  • Q2 EARNINGS PER SHARE VIEW $0.65, REVENUE VIEW $1.74 BILLION – REFINITIV IBES DATA

  • Q3 EARNINGS PER SHARE VIEW $0.58 – REFINITIV IBES DATA

  • FY2022 EARNINGS PER SHARE VIEW $2.10 – REFINITIV IBES DATA

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