---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-086378"
form_type: "8-K"
ticker: "OI"
cik: "0000812074"
company_name: "O-I Glass, Inc. /DE/"
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T19:49:40.195767+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# O-I Glass Q2 adjusted EPS $0.88 beats guidance; full-year outlook tightened to $3.10-$3.25

## Summary
- Adjusted EPS $0.88 vs guidance $0.80-$0.85 and prior year $0.73.
- Net sales $1.9B, up from $1.8B; segment operating profit $326M, up 27%.
- Europe segment profit $200M (+57%); Americas $126M (-3%) with 9% volume decline.
- Full-year adjusted EPS guidance tightened to $3.10-$3.25; Q3 guidance $0.68-$0.73.
- Adjusted free cash flow expected ~$475M; capex ~$700-$725M.

## SEC filing metadata
- accession: 0001104659-23-086378
- form_type: 8-K
- ticker: OI
- cik: 0000812074
- company_name: O-I Glass, Inc. /DE/
- filed_at: 2023-08-01T23:59:59+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/812074/000110465923086378/0001104659-23-086378-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/812074/000110465923086378/tm2322534d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-086378
- JSON: https://secwatch.observer/filing/0001104659-23-086378.json
- Plain text: https://secwatch.observer/filing/0001104659-23-086378.txt

## Key facts
- Earnings Releases
  O-I Glass, Inc. /DE/ reported second quarter ended June 30, 2023 results: revenue $1.9 billion, net income $0.69 per share (diluted), EPS $0.69 per share (diluted).
  - Period: second quarter ended June 30, 2023
  - Revenue: $1.9 billion
  - Net income: $0.69 per share (diluted)
  - EPS: $0.69 per share (diluted)
  - Result: reported results
  source text: to expect 2023 adjusted earnings will significantly exceed the prior year given strong execution and operating performance,” said Andres Lopez, O-I Glass CEO. Net sales were $1.9 billion in the second quarter of 2023, up compared to $1.8 billion in the prior year period primarily due to higher average selling prices as well as favorable foreign currency
  evidence_url: https://www.sec.gov/Archives/edgar/data/812074/000110465923086378/0001104659-23-086378-index.htm

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