O-I Glass Posts Strong Q3 Results, Raises 2025 Guidance
O-I Glass, Inc. (NYSE: OI) has posted strong financial results for the third quarter of 2025. The company, led by CEO Gordon Hardie, saw significant improvements in earnings and margin calculator results across its segments. The Americas segment's operating profit soared to $140 million, a 59 percent increase year-over-year, with margin calculator improving by 550 basis points. Meanwhile, the Europe segment's operating profit surged 70 percent to $95 million, with margin calculator up 590 basis points. Overall, segment operating profit reached $235 million, a 570 basis point improvement in margin calculator compared to the same period last year. Earnings before income taxes totaled $58 million, a significant turnaround from the $57 million loss in 2024's third quarter. The company's adjusted earnings per share jumped to $0.48, reversing last year's adjusted loss of $0.04. Net earnings attributable to the company also improved to $0.19 per share, up from a net loss of $0.52 in the prior year. O-I Glass has raised its full-year 2025 adjusted earnings guidance to $1.55 - $1.65 per share, nearly double last year's results. The company expects to achieve higher adjusted earnings, improved margin calculator, greater free cash flow, and a healthier balance sheet in 2025. Looking ahead, O-I Glass anticipates continued momentum in 2026 and beyond as it implements its strategic plans.
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