Levi & Korsinsky has announced a pending securities investigation into O-I Glass. The investigation concerns potentially materially false or misleading statements after the company's second quarter 2026 results missed consensus estimates, with revenue of $1.67 billion falling short of the expected $1.69 to $1.7 billion and adjusted earnings of $0.09 per share against estimates of around $0.29. O-I Glass also cut its full-year 2026 and 2027 guidance and disclosed an $873 million non-cash goodwill impairment, while Europe operating profit dropped to $6 million from $90 million in the prior-year period. Following the release, the stock fell approximately 15% on July 29, 2026. Investors who purchased O-I Glass stock and suffered losses may be eligible to participate in the investigation at no upfront cost.
O-I Glass IncMissed Q2 estimates, cut guidance, and disclosed $873M goodwill impairment, causing stock to fall 15%.