Owens-Illinois (OI) Issues FY18 Earnings Guidance
Owens-Illinois (NYSE:OI) issued an update on its FY18 earnings guidance on Tuesday morning. The company provided EPS guidance of $2.75-2.85 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.84.
Owens-Illinois (NYSE:OI) opened at $21.69 on Wednesday. The firm has a market capitalization of $3,430.96, a PE ratio of 14.76, a P/E/G ratio of 1.13 and a beta of 1.46. The company has a current ratio of 1.23, a quick ratio of 0.74 and a debt-to-equity ratio of 5.73. Owens-Illinois has a 1-year low of $19.12 and a 1-year high of $25.90.
Owens-Illinois (NYSE:OI) last announced its quarterly earnings data on Wednesday, February 7th. The industrial products company reported $0.55 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.01. The company had revenue of $1.70 billion for the quarter, compared to analysts’ expectations of $1.72 billion. Owens-Illinois had a return on equity of 63.33% and a net margin of 3.59%. Owens-Illinois’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same period last year, the firm posted $0.50 EPS. research analysts anticipate that Owens-Illinois will post 2.63 earnings per share for the current year.
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Owens-Illinois Company Profile
Owens-Illinois, Inc is a manufacturer of glass container products. The Company’s principal product lines are glass containers for the food and beverage industries. The Company’s segments include Europe, North America, Latin America and Asia Pacific. The Company produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits and wine.
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