{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-011123","form_type":"8-K","ticker":"OI","cik":"0000812074","company_name":"O-I Glass, Inc. /DE/","filed_at":"2024-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.987638+00:00","generated_at":"2026-06-06T08:47:26.520348+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"O-I Glass reports adjusted EPS $3.09 for FY2023, beats guidance; FY2024 outlook $2.25-$2.65","bullets":["Full-year reported loss per share ($0.67) includes $445M goodwill impairment; adjusted EPS $3.09 (guidance ~$3.00, prior year $2.30).","Revenue $7.1B, up 4% YoY; sales volume down 12% on destocking; segment operating profit $1,193M vs $960M.","Q4 adjusted EPS $0.12 (guidance ~$0.03); segment operating profit $168M, down from $206M on Europe weakness.","FY2024 guidance: adjusted EPS $2.25-$2.65, free cash flow $150-$200M; first MAGMA greenfield on track for mid-2024.","Net debt $4.0B at year-end; capex $688M in 2023; expects low-to-mid single digit volume growth in 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-011123","json":"https://secwatch.observer/filing/0001104659-24-011123.json","markdown":"https://secwatch.observer/filing/0001104659-24-011123.md","text":"https://secwatch.observer/filing/0001104659-24-011123.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/812074/000110465924011123/0001104659-24-011123-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/812074/000110465924011123/tm245351d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T08:47:26.520348+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":"98b4055bb11696d08c43ddf5a942764dc7f10828","claim":"O-I Glass, Inc. /DE/ reported year ended December 31, 2023 results: revenue $7.1 billion, net income ($0.67) per share (diluted), EPS ($0.67) per share (diluted).","evidence_excerpt":"are behind us and we anticipate stronger future earnings as both sales and production volumes recover to pre-pandemic levels over time,” concluded Lopez. Net sales were $7.1 billion in 2023, up approximately 4 percent compared to $6.9 billion in the prior year primarily due to higher average selling prices as well as favorable foreign currency translation.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/812074/000110465924011123/0001104659-24-011123-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"year ended December 31, 2023"},{"label":"Revenue","value":"$7.1 billion"},{"label":"Net income","value":"($0.67) per share (diluted)"},{"label":"EPS","value":"($0.67) per share (diluted)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"aab7089829fc439173ea8b7920465c26f758bb09","claim":"O-I Glass, Inc. /DE/ reported fourth quarter ended December 31, 2023 results: revenue $1.6 billion, net income $439 million loss before income taxes, EPS ($3.05) per share (diluted).","evidence_excerpt":"($439) $29 Adjusted Earnings Earnings Per Share (Diluted) Segment Operating Profit $M 4Q23 4Q22 4Q23 4Q22 Non - GAAP $0.12 (Guidance: ~ $0.03) $0.38 $168 $206 Net sales were $1.6 billion in the fourth quarter of 2023 compared to $1.7 billion in the prior year period as the benefit from higher average selling prices and favorable foreign currency translation","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/812074/000110465924011123/0001104659-24-011123-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$1.6 billion"},{"label":"Net income","value":"$439 million loss before income taxes"},{"label":"EPS","value":"($3.05) per share (diluted)"},{"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"}