Olin Corp expected to post earnings of 4 cents a share - Earnings Preview

Olin

23/10/2024 05:08

* Olin Corp  OLN.N   OLN  is expected to show a fall in
quarterly
revenue when it reports  results on October 24 for the period
ending September 30 2024
    * The Clayton Missouri-based  company is expected to report
a
5.8% decrease in revenue to $1.574 billion from $1.67 billion a
year ago, according to the mean estimate from 14 analysts, based
on LSEG data. (Sales is on total revenue basis)
    * ​LSEG's mean analyst estimate for Olin Corp is for
earnings of 4
cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 12
"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
49.00​, above​ its last closing price of $45.76. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.71        0.70       0.67      Missed  -4.8
 Jan. 1 2024   0.38        0.38       0.47      Beat    24.1
 Jan. 1 0001   0.19        0.19       0.23      Beat    18.2​
 Sep. 30 2023  0.72        0.74       0.91      Beat    22.3
 ​​Jun.        0.99        1.01       1.08      Beat    6.9
 30 2023                                                
 Mar. 31 2023  1.29        1.33       1.50      Beat    12.9​
 Dec. 31 2022  1.37        1.39       2.14      Beat    7.3
 Sep. 30 2022  1.81        1.85       2.14      Beat    15.9
 This summary was machine generated October 23 at 04:08 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)