Olin Corp expected to post earnings of 74  cents a share - Earnings Preview

Olin

24/10/2023 21:24

* Olin Corp  OLN.N   OLN  is expected to show a fall in
quarterly
revenue when it reports  results on October 26. 
    * The Clayton Missouri-based  company is expected to report 
a
25.3% decrease in revenue to $1.733 billion from $2.32 billion a
year ago, according to the mean estimate from 11 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Olin Corp is for
earnings
of 74 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 6
"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
$60​, above​ its last closing price of $45.61. ​​​

The company's guidance on July 27 2023 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of of USD315.99 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  1.81        1.85       2.14      Beat    15.9
 ​​Jun.        2.55        2.54       2.78      Beat    9.4
 30 2022                                                
 Mar. 31 2022  2.34        2.35       2.50      Beat    6.5​
 Dec. 31 2021  2.48        2.44       1.90      Missed  -22.1
 Sep. 30 2021  2.07        2.02       2.40      Beat    18.6
 This summary was machine generated October 24 at 20:24 GMT.  All
figures in US dollars  unless otherwise stated