Fiscal Year Earnings Estimate on Owens-Illinois, Inc.(OI)

Owens-Illinois, Inc.(OI): For the most recent quarter end, Owens-Illinois, Inc. reported Annual Earnings of $0.5. Based on the filings, last years Annual Earnings was, $2.31. For the most recent quarter end, OI reported a surprise Earnings per Share of 6.38% . The consensus estimate for current quarter is $0.53 and for the current fiscal year, the estimate is $2.42. For the Next fiscal year, the estimate is $2.59 based on the consensus.

Owens-Illinois, Inc. has received $0.53 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 6 Financial Advisor in the Stock Trading Firms. Among 6 Analysts, Bottom line EPS Estimate for the current quarter is $0.52 while the top line estimate is $0.54 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 10.76%. Owens-Illinois, Inc. reported better than expected with a surprise EPS of 6.38% or $0.03 during its most recent quarterly earnings. The Actual EPS was $0.5 compared to the Estimated EPS of $0.47.

Owens-Illinois Inc Last issued its quarterly earnings results on Feb 1, 2017. The company reported $0.50 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.48. The company had revenue of $1600.00 million for the quarter, compared to analysts expectations of $1641.51 million. The companys revenue was down -1.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.40 EPS.

Company has reported several Insider transactions to the SEC, on Jun 16, 2016, Gordon Hardie (director) purchased 3,400 shares at 18.65 per share price.On Mar 9, 2016, Albert P L Stroucken (Exec. Chairman of the Board) sold 56,148 shares at 14.94 per share price.On Mar 8, 2016, John Haudrich (Chief Strat. & Integ. Officer) sold 7,294 shares at 15.36 per share price.

Owens-Illinois, Inc. (NYSE:OI) witnessed a decline in the market cap on Wednesday as its shares dropped 1.06% or 0.21 points. After the session commenced at $19.58, the stock reached the higher end at $19.66 while it hit a low of $19.45. With the volume soaring to 1,043,322 shares, the last trade was called at $19.54. The company has a 52-week high of $20.33. The company has a market cap of $3,172 million and there are 162,354,030 shares in outstanding. The 52-week low of the share price is $13.74.

Owens-Illinois, Inc. manufactures and sells glass container products to food and beverage manufacturers primarily in Europe, North America, South America, and the Asia Pacific. The Company produces glass containers for malt beverages, including beer and ready-to-drink low-alcohol refreshers, liquor, wine, food, tea, juice and pharmaceuticals. It also produces glass containers for soft drinks and other non-alcoholic beverages. Owens-Illinois, Inc. is headquartered in Perrysburg, Ohio.


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