O-i glass reports first quarter 2020 results

O-i glass reports first quarter 2020 results.q1 adjusted earnings per share $0.41 excluding items.q1 earnings per share $0.32.q1 sales $1.56 billion versus refinitiv ibes estimate of $1.63 billion.q1 earnings per share estimate $0.40 -- refinitiv ibes data.owens-illinois inc - taking preemptive measures to reduce costs and improve cash generation including suspension of company's dividend.owens-illinois inc - 2020 capital expenditures should approximate $300 million or lower.owens-illinois inc - implementing a program to temporarily reduce salaries for certain executive officers, including ceo, and board fees by up to 25 %.owens-illinois inc - company will also temporarily defer up to 15 percent of other salaried employees' base pay during 2020.owens-illinois inc - company is suspending its dividend and is pausing share repurchase program.owens-illinois inc - as a result of de-consolidation, co recorded a $14 million pre-tax charge in q1.
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