O-I Glass raises FY22 adjusted EPS view to $1.85-$2.10 from $1.85-$2.00 16:12 OI Consensus $1.89. The company said, "The updated range reflects favorable first quarter results and good momentum as the company navigates a period of elevated macro uncertainty. Management has reaffirmed its original outlook for adjusted free cash flow of at least $350 million and free cash flow of at least $125 million." "We are increasingly optimistic on our full-year business outlook as we continue to navigate challenging macro conditions with agility. Demand for healthy, sustainable glass containers remains strong, operating performance is solid and we are effectively raising prices to offset cost inflation," concluded Lopez.
O-I Glass rises 10.3% 09:47 OI O-I Glass is up 10.3%, or $1.37 to $14.62.
O-I Glass, Inc. (OI)
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