---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-112249"
form_type: "8-K"
ticker: "OI"
cik: "0000812074"
company_name: "O-I Glass, Inc. /DE/"
filed_at: "2024-10-29T23:59:59+00:00"
generated_at: "2026-05-30T09:30:37.722832+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# O-I Glass reports Q3 loss of $0.52/share; cuts FY24 adjusted EPS guidance to $0.70-$0.80

## Summary
- Q3 net loss $0.52/share vs $0.32 profit YoY; adjusted loss $0.04 vs $0.80 adjusted EPS.
- Net sales $1.7bn (-$64M YoY) as 2% volume gain offset by 4% price decline and FX.
- Segment operating profit $144M, down 52% from $301M; Americas $88M, Europe $56M.
- Full-year adjusted EPS guidance slashed to $0.70-$0.80 from $1.00-$1.25; FCF now use of $130-$170M.
- Announces Fit to Win program targeting $300M annual savings by 2027 with capacity closures.

## SEC filing metadata
- accession: 0001104659-24-112249
- form_type: 8-K
- ticker: OI
- cik: 0000812074
- company_name: O-I Glass, Inc. /DE/
- filed_at: 2024-10-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/812074/000110465924112249/0001104659-24-112249-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/812074/000110465924112249/tm2427025d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-112249
- JSON: https://secwatch.observer/filing/0001104659-24-112249.json
- Plain text: https://secwatch.observer/filing/0001104659-24-112249.txt

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