PERRYSBURG, Ohio (AP) _ O-I Glass, Inc. (OI) on Tuesday reported fourth-quarter net income of $13 million.

The Perrysburg, Ohio-based company said it had profit of 8 cents per share. Earnings, adjusted for asset impairment costs and non-recurring costs, came to 38 cents per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share.

The glass container manufacturer posted revenue of $1.69 billion in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $1.57 billion.

For the year, the company reported profit of $584 million, or $3.67 per share. Revenue was reported as $6.86 billion.

For the current quarter ending in March, O-I Glass expects its per-share earnings to range from 80 cents to 85 cents.

The company expects full-year earnings to be $2.50 per share.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OI at https://www.zacks.com/ap/OI

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