Olin Q2 revenue misses estimates, adjusted EBITDA beats

Olin

30/07/2026 21:26

Overview
US chemicals and ammunition maker's Q2 revenue missed analyst expectations
Adjusted EBITDA for Q2 beat analyst expectations
Q2 results impacted by $40 mln loss from vinyl chloride plant shutdown

Outlook
Olin forecasts Q3 2026 adjusted EBITDA between $160 mln and $200 mln
Company expects Chemical businesses Q3 results to be comparable to Q2, citing reduced operating rates and weaker ethylene dichloride pricing
Olin anticipates seasonally improving commercial demand to support sequential earnings growth in Winchester business

Result Drivers
PLANT SHUTDOWN - Unplanned shutdown at Freeport, Texas vinyl chloride monomer plant reduced Q2 adjusted EBITDA by $40 mln
HIGHER PRICING - Chlor Alkali Products and Vinyls segment benefited from improved caustic soda and ethylene dichloride pricing
EPOXY MARGINS - Epoxy segment earnings rose on higher volumes, improved product margins, and lower operating costs, despite weak demand in Europe

Company press release: ID:nPn8kxrVWa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$1.74 bln
$1.81 bln (13 Analysts)
Q2 Net Loss
 
$13.30 mln
 
Q2 Adjusted EBITDA
Beat
$191.30 mln
$184.83 mln (14 Analysts)
Q2 EBIT
 
$46.50 mln
 
Q2 Pretax Profit
 
$3.80 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 10 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the commodity chemicals peer group is "buy."
Wall Street's median 12-month price target for Olin Corp is $24.00, about 8.2% above its July 29 closing price of $22.19

Reuters Recommended Reads
July 29 - LSB Industries Q2 sales beat estimates on higher prices
July 29 - Stepan Q2 net sales rise on surfactant, polymer growth; to cut jobs 
July 29 - Sturm Ruger Q2 net sales rise on strong demand

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)