The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Owens-Illinois's revenues will wither -1.9% and EPS will wither -21.9%.
The average estimate for revenue is $1.71 billion. On the bottom line, the average EPS estimate is $0.57.
Last quarter, Owens-Illinois logged revenue of $1.75 billion. GAAP reported sales were 3.9% lower than the prior-year quarter's $1.82 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.40. GAAP EPS were -$0.98 for Q4 versus -$4.70 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 15.9%, 80 basis points worse than the prior-year quarter. Operating margin was 6.6%, 190 basis points worse than the prior-year quarter. Net margin was -9.2%, much better than the prior-year quarter.
The full year's average estimate for revenue is $7.16 billion. The average EPS estimate is $2.81.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 349 members out of 376 rating the stock outperform, and 27 members rating it underperform. Among 93 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 85 give Owens-Illinois a green thumbs-up, and eight give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Owens-Illinois is outperform, with an average price target of $25.09.
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