earnings
confidence high
sentiment negative
materiality 0.80
O-I Glass FY 2024 adj EPS $0.81 beats guidance; 2025 outlook $1.20-$1.50
O-I Glass, Inc. /DE/
2024-FY EPS reported
-$0.69
revenue$6,531,000,000
- FY 2024 revenue $6.5B, down 8% YoY; segment operating profit $748M vs $1.193B in 2023.
- Reported net loss per share $0.69; adjusted EPS $0.81 vs guidance of $0.70-$0.80.
- Free cash flow use $128M, better than $130-$170M guidance range.
- 2025 guidance: adjusted EPS $1.20-$1.50; free cash flow source $150-$200M.
- Fit To Win initiative expected to deliver $175-$200M in cost savings in 2025.