O-I Glass Q1 adjusted EPS $0.05, down from $0.40; cuts FY 2026 guidance to $1.00-$1.50

O-I Glass, Inc. /DE/

2026-Q1 EPS reported -$0.48 vs consensus $0.18 ▼ miss (-371.2%)

Net sales of $1.54B, down slightly from $1.567B; reported net loss of $0.48/share.
Adjusted EPS of $0.05 vs $0.40 prior year; Europe segment profit fell to break-even from $68M.
Americas segment profit stable at $142M; shipments down 8% overall but March volumes down 2%.
FY 2026 adjusted EPS guidance cut to $1.00-$1.50 (prev. $1.65-$1.90) due to energy inflation and price pressure.
Adjusted EBITDA guidance reduced to $1,125-$1,225M; energy costs expected to cut EPS by $0.40-$0.50.

item 2.02 item 9.01

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

O-I Glass, Inc. /DE/ updated its first-quarter ended March 31, 2026 guidance (lowered).

Period: first-quarter ended March 31, 2026
Guidance: lowered
Result: reported results

Exact text from the filing

On April 28, 2026, O-I Glass, Inc. (the “Company”) issued a press release announcing its results of operations for the quarter ended March 31, 2026.

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Source: SEC EDGAR

accession 0001104659-26-050406

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