O-I Glass (NYSE:OI) reported quarterly earnings of $0.20 per share which beat the analyst consensus estimate of $0.19 by 5.26 percent. This is a 500 percent increase over losses of $(0.05) per share from the same period last year. The company reported quarterly sales of $1.500 billion which missed the analyst consensus estimate of $1.518 billion by 1.21 percent. This is a 1.90 percent decrease over sales of $1.529 billion the same period last year.