04:17 AM EDT, 07/31/2024 (MT Newswires) -- O-I Glass ( OI ) reported Q2 adjusted earnings late Tuesday of $0.44 per diluted share, down from $0.88 a year earlier.

Analysts polled by Capital IQ expected $0.43.

Revenue for the quarter ended June 30 was $1.73 billion, compared with $1.89 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.77 billion.

The company trimmed its full-year 2024 adjusted EPS guidance to $1 to $1.25 from a prior outlook of $1.50 to $2.00. Analysts surveyed by Capital IQ expect $1.70.

Price: 9.60, Change: -2.02, Percent Change: -17.39