O-I Glass (OI) Tops Q4 EPS by 6c; Offers 1Q & FY21 EPS Guidance
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O-I Glass Reports Full Year and Fourth Quarter 2020 Results
February 9, 2021 4:20 PM ESTPERRYSBURG, Ohio, Feb. 09, 2021 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASEÂ Â Â Â Â
O-I Glass, Inc. (O-I) (NYSE: OI) today reported financial results for the full year and fourth quarter ended December 31, 2020.
The global pandemic significantly impacted O-Is results in 2020. Yet, business conditions improved later in the year as market conditions stabilized. We are pleased with our fourth quarter results as earnings and cash flows exceeded the companys most recent outlook. Glass shipments were consistent with prior year levels and operating and cost performance continued to surpass expectations, ... More
