{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-112957","form_type":"8-K","ticker":"OI","cik":"0000812074","company_name":"O-I Glass, Inc. /DE/","filed_at":"2023-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.071321+00:00","generated_at":"2026-06-09T05:14:00.654597+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"O-I Glass beats Q3 adj. EPS but slashes FY guidance; volume down 15%","bullets":["Q3 adj. EPS $0.80 beats guidance ($0.68-$0.73) and prior year $0.63; reported EPS $0.32 vs $1.45.","Revenue $1.74B (+3% YoY); sales volume -15% on destocking; segment profit $301M (+13%).","Americas segment profit $116M (down from $130M); Europe $185M (up from $136M).","FY23 adj. EPS guidance cut to ~$3.00 from $3.10-$3.25; Q4 guided $0.03 vs prior $0.25-$0.35.","FCF guidance slashed to $100-150M from $400-450M; higher curtailment costs and inventory destocking cited."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-112957","json":"https://secwatch.observer/filing/0001104659-23-112957.json","markdown":"https://secwatch.observer/filing/0001104659-23-112957.md","text":"https://secwatch.observer/filing/0001104659-23-112957.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/812074/000110465923112957/0001104659-23-112957-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/812074/000110465923112957/tm2329501d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T05:14:00.654597+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0d0db67bc4480518fecc9b544aa5dcb37e59731a","claim":"O-I Glass, Inc. /DE/ reported 2023 results: EPS ~$3.00. Guidance raised.","evidence_excerpt":"Year-to-date adjusted earnings have already exceeded full year 2022 and the company expects 2023 adjusted earnings will approximate $3.00 per share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/812074/000110465923112957/0001104659-23-112957-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"2023"},{"label":"EPS","value":"~$3.00"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"2f6baf1fa87c99c585346f7b1804fdc3d1a8d061","claim":"O-I Glass, Inc. /DE/ reported the third quarter ended September 30, 2023 results: revenue $1.74 billion, net income $0.32 per share (diluted), EPS $0.32. Guidance raised.","evidence_excerpt":"believe will occur in 2024. This focus aligns with our ongoing efforts to transform the company and create shareholder value,” concluded Lopez. Third Quarter 2023 Net sales were $1.74 billion in the third quarter of 2023, up 3 percent compared to $1.69 billion in the prior year period primarily due to higher average selling prices as well as favorable foreign currency","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/812074/000110465923112957/0001104659-23-112957-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2023"},{"label":"Revenue","value":"$1.74 billion"},{"label":"Net income","value":"$0.32 per share (diluted)"},{"label":"EPS","value":"$0.32"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}