Olin Corp reports results for the quarter ended in September - Earnings Summary

Olin

26/10/2023 22:46

* Olin Corp  OLN.N  reported quarterly adjusted earnings of
91
cents​​ per share for the quarter ended in September. The mean
expectation of fifteen analysts for the quarter was for earnings
of 74 cents per share.
    * Revenue fell 28% to $1.67 billion from a year ago;
analysts
expected $1.73 billion. 
    * Olin Corp's reported EPS for the quarter was 82 cents​.
    * The mean earnings estimate of analysts had fallen by
about 34.8%
in the last three months.​ 
    * In the last 30 days, six analysts negatively revised
earnings
estimates 
    * Olin Corp shares had fallen by 10.1% this quarter and
lost 15.1%
so far this year.
    * The company reported quarterly net income of $104.1
million.
    * Wall Street's median 12-month price target for Olin Corp
is
$60.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 09:45 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.74           0.91           Beat
 Jun. 30 2023      1.01           1.08           Beat
 Mar. 31 2023      1.33           1.50           Beat
 Dec. 31 2022      1.39           1.49           Beat