MarketBeat
29 Oct 2026, 04:05 UTC · 2h ago
What O-I Glass (OI) Said on Its Q3 Earnings Call
Impact · against what's priced in
O-I Glass faces a significant negative catalyst as it lowers its 2026 EBITDA guidance and reveals a collapse in European operating profit. While the Americas remain resilient and 2027 FCF expectations provide a long-term anchor, the immediate impact of volume declines and cost overruns outweighs these offsets.
- OI−0.60
No priced-in read yet
- In context
The company lowered 2026 adjusted EBITDA guidance to $925-$950 million and reported a crash in European operating profit to $2 million from $95 million year-over-year, driven by pricing pressure and cost overruns.
Read from the article alone
