Well this looks good...
O-I Glass raises Q2 adjusted earnings per share guidance
Jun. 07, 2022 4:23 PM ETO-I Glass, Inc. (OI)
BOTTLES!!!!!!
O-I Glass raises Q2 adjusted earnings per share guidance
Jun. 07, 2022 4:23 PM ETO-I Glass, Inc. (OI)
BOTTLES!!!!!!
- O-I Glass (NYSE:OI) on Tuesday said it now expected its Q2 adjusted earnings to exceed its previous guidance range.
- The producer of glass bottles and jars now anticipates Q2 adj. EPS to exceed $0.65, compared to its previous expected range of $0.55–$0.60.
- Theconsensus EPS estimatesfor Q2 is $0.58.
- "The second quarter is progressing very well... Glass container shipments (in tons) are up approximately one percent quarter-to-date through May, which is consistent with our expectations of low, single digit growth," said OI CEO Andres Lopez.
- O-I Glass stock +1.8% to $17.28 in aftermarket trading.
said Lian Yubo, BYD's executive vice president in an interview with Kui Yingchun, an anchor with China's state-owned broadcaster CGTN.