Olin Corp expected to post earnings of 19 cents a share - Earnings Preview

Olin

23/01/2024 13:33

* Olin Corp  OLN.N   OLN  is expected to show a fall in
quarterly
revenue when it reports  results on January 25 for the period
ending December 31 2023
    * The Clayton Missouri-based  company is expected to report
a
23.1% decrease in revenue to $1.521 billion from $1.98 billion a
year ago, according to the mean estimate from 12 analysts, based
on LSEG data. (Sales is on total revenue basis)
    * ​LSEG's mean analyst estimate for Olin Corp is for
earnings of
19 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 9
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Olin Corp
is
$56.00​, above​ its last closing price of $51.62. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.72        0.74       0.91      Beat    22.3
 Jun. 30 2023  0.99        1.01       1.08      Beat    6.9
 Mar. 31 2023  1.29        1.33       1.50      Beat    12.9​
 Dec. 31 2022  1.37        1.39       1.49      Beat    7.3
 ​​Sep.        1.81        1.85       2.14      Beat    15.9
 30 2022                                                
 Jun. 30 2022  2.55        2.54       2.78      Beat    9.4​
 Mar. 31 2022  2.34        2.35       2.50      Beat    6.5
 Dec. 31 2021  2.48        2.44       1.90      Missed  -22.1
 This summary was machine generated January 23 at 13:33 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)