O-I Glass Inc
OI: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$81.00 | Dzftm | Hsxpvkr |
Aluminum Is Taking Share From Glass, But O-I Glass' 2020 Is Shaping Up Stronger Than Expected
Even though O-I Glass' third-quarter results weren't as robust as those of Ball and Crown, the company is still having a better year than we had anticipated. Excluding its ANZ business' sale, quarterly shipments were up 1.7% from the prior-year period, and segment operating profit was roughly flat.