=Owens-Illinois (OI) reported earnings on Mon 23 July 2018 (a/h)

Owens-Illinois beats by $0.03, reports revs in-line; guides Q3 EPS below consensus; reaffirms FY18 EPS guidance 

• Reports Q2 (Jun) earnings of $0.77 per share, excluding non-recurring items, $0.03 better than the Capital IQ Consensus of $0.74. Revenue rose 1% YoY to $1.8 bln vs consensus of $1.81 bln.
• Co issues downside guidance for Q3, sees EPS of approx $0.75, excluding non-recurring items, vs. $0.79 Capital IQ Consensus Estimate.
• Coreaffirms guidancefor FY18, sees EPS of $2.75-2.85, excluding non-recurring items, vs. $2.75 Capital IQ Consensus Estimate.