O-I Glass Inc (OI) reported Q2 adjusted earnings late Tuesday of $0.09 per diluted share, down from $0.53 a year earlier.
Analysts polled by FactSet expected $0.24.
Net sales for the quarter ended June 30 was $1.67 billion, down from $1.71 billion a year earlier.
Analysts surveyed by FactSet expected $1.68 billion.