---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-113503"
form_type: "8-K"
ticker: "OI"
cik: "0000812074"
company_name: "O-I Glass, Inc. /DE/"
filed_at: "2022-11-01T23:59:59+00:00"
generated_at: "2026-06-22T20:15:16.433570+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# O-I Glass Q3 adjusted EPS $0.63 beats guidance; raises FY2022 outlook

## Summary
- Reported EPS from continuing ops $1.45 vs $0.48 YoY; adjusted EPS $0.63 (guidance $0.55–0.60) vs $0.58 YoY.
- Segment operating profit $266M, up from $243M YoY; net price realization drove beat despite higher operating costs.
- Full-year 2022 adjusted earnings now expected at high-end of recently increased guidance range; anticipates 2023 improvement.
- Completed $1.5B portfolio optimization program in August; proceeds used to reduce debt and pre-fund expansion.
- Moody's and S&P upgraded O-I's credit rating during Q3 on healthier balance sheet.

## SEC filing metadata
- accession: 0001104659-22-113503
- form_type: 8-K
- ticker: OI
- cik: 0000812074
- company_name: O-I Glass, Inc. /DE/
- filed_at: 2022-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/812074/000110465922113503/0001104659-22-113503-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/812074/000110465922113503/tm2229403d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-113503
- JSON: https://secwatch.observer/filing/0001104659-22-113503.json
- Plain text: https://secwatch.observer/filing/0001104659-22-113503.txt

## Key facts
- Earnings Releases
  O-I Glass, Inc. /DE/ reported the third quarter ended September 30, 2022 results: EPS $0.63. Guidance raised.
  - Period: the third quarter ended September 30, 2022
  - EPS: $0.63
  - Guidance: raised
  - Result: reported results
  source text: Adjusted Earnings Earnings Per Share (Diluted) Segment Operating Profit $M 3Q22 3Q21 3Q22 3Q21 Non – GAAP 1 $0.63 $0.58 $266 $243 (Guidance: $0.55 - $0.60)
  evidence_url: https://www.sec.gov/Archives/edgar/data/812074/000110465922113503/0001104659-22-113503-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.