Olin Corp reports results for the quarter ended December 31 - Earnings Summary

Olin

30/01/2025 22:02

* Olin Corp  OLN.N  reported quarterly adjusted earnings of
18
cents​​ per share for the quarter ended December 31, lower than
the same quarter last year, when the company reported EPS of 23
cents.  The mean expectation of nineteen analysts for the
quarter was for a loss of 3 cents per share. Wall Street
expected results to range from -12 cents to 4 cents per share.
    * Revenue rose 3.5% to $1.67 billion from a year ago;
analysts
expected $1.55 billion. 
    * Olin Corp's reported EPS for the quarter was 9 cents​.
    * The company reported quarterly net income of $10.7
million.
    * Olin Corp shares had fallen by 3.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 186.6% in the last three months.​ 
    * In the last 30 days, seven analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 11
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the commodity
chemicals
peer group is also "hold"

Wall Street's median 12-month price target for Olin Corp is
$41.00 
This summary was machine generated from LSEG data January 30 at
10:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      -0.03          0.18           Beat
 Sep. 30 2024      0.04           -0.15          Missed
 Jun. 30 2024      0.70           0.67           Missed
 Mar. 31 2024      0.38           0.47           Beat