secwatch.observer — SEC 8-K summary
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Issuer:     O-I Glass, Inc. /DE/ (OI)
CIK:        0000812074
Form:       8-K
Filed at:   2023-08-01T23:59:59+00:00
Accession:  0001104659-23-086378
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/812074/000110465923086378/0001104659-23-086378-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/812074/000110465923086378/tm2322534d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-086378

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer