Owens-Illinois OI announces its next round of earnings this Wednesday, July 31. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement.
Earnings and Revenue
Wall Street analysts see Owens-Illinois reporting earnings of 77 cents per share on revenue of $1.76 billion.
In the same quarter last year, Owens-Illinois announced EPS of 77 cents on revenue of $1.77 billion. Revenue would be down 0.68% from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
| EPS Estimate | 0.54 | 0.63 | 0.75 | 0.75 |
| EPS Actual | 0.510 | 0.61 | 0.75 | 0.77 |
Stock Performance
Over the last 52-week period, shares of Owens-Illinois have declined 5.65%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Long-term shareholders are already wary of 12-month losses prior to the announcement.
Analysts have not modified their estimates for EPS and revenues over the past 90 days. The popular rating by analysts on Owens-Illinois stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
