Earnings Forecast Research on Owens-Illinois, Inc. (OI)

Owens-Illinois, Inc. has received $0.47 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 7 Financial Advisor in the Stock Trading Firms. Among 7 Analysts, Bottom line EPS Estimate for the current quarter is $0.46 while the top line estimate is $0.5 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 18.57%.

Owens-Illinois, Inc. reported better than expected with a surprise EPS of 3.03% or $0.02 during its most recent quarterly earnings. The Actual EPS was $0.68 compared to the Estimated EPS of $0.66.

Owens-Illinois, Inc. has a Price to Earnings ratio of 8.61 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 5.99. For the Most Recent Fiscal Year, Owens-Illinois, Inc. has a price to cash ratio of 4.08. For the Trailing twelve month period, company showed a Net Profit Margin of 1.17% and Return on Equity of the stock is 86.33%.

In the last quarter, Owens-Illinois, Inc. reported Annual Earnings of $0.68. Based on the filings, last years Annual Earnings was, $2. In the last Quarter, OI reported a surprise Earnings per Share of 3.03% . The consensus estimate for current quarter is $0.47 and for the current fiscal year, the estimate is $2.29. For the Next fiscal year, the estimate is $2.44 based on the consensus.

Owens-Illinois, Inc. (NYSE:OI) stock ended Tuesday session in the red zone in a volatile trading. The stock closed down 0.12 points or 0.63% at $18.9 with 2,196,591 shares getting traded. Post opening the session at $18.99, the shares hit an intraday low of $18.39 and an intraday high of $18.99 and the price was in this range throughout the day. The company has a market cap of $3,066 million and the number of outstanding shares has been calculated to be 162,197,000 shares. The 52-week high of Owens-Illinois, Inc. (NYSE:OI) is $20.33 and the 52-week low is $11.58.

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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