Olin Corporation

OLN

US6806652052

Commodity Chemicals

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
53.48 ^USD	+1.25%		-0.21%	-0.87%

Apr. 26	UBS Cuts Olin Price Target to $59 From $63, Maintains Neutral Rating	MT
Apr. 26	Transcript : Olin Corporation, Q1 2024 Earnings Call, Apr 26, 2024

Olin Corporation Reports Earnings Results for the Fourth Quarter Ended December 31, 2023

January 25, 2024 at 04:05 pm EST

Olin Corporation reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 1,614.6 million compared to USD 1,977 million a year ago. Sales was USD 1,614.6 million compared to USD 1,977 million a year ago.

Net income was USD 52.9 million compared to USD 196.6 million a year ago. Net income was USD 52.9 million compared to USD 196.6 million a year ago. Basic earnings per share from continuing operations was USD 0.44 compared to USD 1.46 a year ago.

Basic earnings per share from continuing operations was USD 0.44 compared to USD 1.46 a year ago. Diluted earnings per share from continuing operations was USD 0.43 compared to USD 1.43 a year ago. Diluted earnings per share from continuing operations was USD 0.43 compared to USD 1.43 a year ago.

Latest news about Olin Corporation

UBS Cuts Olin Price Target to $59 From $63, Maintains Neutral Rating	Apr. 26	MT
Transcript : Olin Corporation, Q1 2024 Earnings Call, Apr 26, 2024	Apr. 26
Olin's Q1 Earnings, Sales Decline	Apr. 26	MT
Earnings Flash (OLN) OLIN CORPORATION Posts Q1 EPS $0.40, vs. Street Est of $0.36	Apr. 25	MT
Earnings Flash (OLN) OLIN CORPORATION Posts Q1 Revenue $1.64B, vs. Street Est of $1.65B	Apr. 25	MT
Olin Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 25	CI
RBC Raises Price Target on Olin to $69 From $64, Keeps Outperform Rating	Apr. 19	MT
BofA Securities Raises Price Target on Olin to $74 From $69, Maintains Buy Rating	Apr. 10	MT
KeyBanc Raises Price Target on Olin to $78 From $66, Keeps Overweight Rating	Apr. 09	MT
UBS Raises Olin's Price Target to $63 From $58, Maintains Neutral Rating	Apr. 08	MT
Barclays Adjusts Price Target on Olin to $59 From $57, Maintains Equal-Weight Rating	Apr. 04	MT
Olin Among US Epoxy Resin Producers Filing Antidumping Petitions Against 5 Countries	Apr. 03	MT
Wells Fargo Adjusts Price Target on Olin to $60 From $56, Maintains Equal-Weight Rating	Apr. 03	MT
Olin Insider Sold Shares Worth $1,308,855, According to a Recent SEC Filing	Feb. 28	MT
Olin Names Kenneth Lane as Chief Executive, William Weiderman as Chairman	Feb. 20	MT
Olin Corporation Announces Chief Executive Officer Changes, Effective March 18, 2024	Feb. 19	CI
Olin Corporation Announces Executive Changes	Feb. 19	CI
Activist investor attempt to force IRES REIT sale defeated	Feb. 16	RE
Olin Insider Sold Shares Worth $491,460, According to a Recent SEC Filing	Feb. 02	MT
Olin Insider Sold Shares Worth $31,537,666, According to a Recent SEC Filing	Feb. 02	MT
Olin Insider Sold Shares Worth $4,278,338, According to a Recent SEC Filing	Feb. 01	MT
Olin Insider Sold Shares Worth $3,424,720, According to a Recent SEC Filing	Feb. 01	MT
Goldman Sachs Adjusts Olin's Price Target to $61 From $55, Maintains Neutral Rating	Jan. 30	MT
Deutsche Bank Raises Olin Price Target to $59 From $52, Maintains Hold Rating	Jan. 29	MT
Stifel Adjusts Price Target on Olin to $66 From $65, Maintains Buy Rating	Jan. 29	MT

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Company Profile

Olin Corporation is a vertically integrated global manufacturer and distributor of chemical products and a manufacturer of ammunition. The Company operates through three segments: Chlor Alkali Products and Vinyls, Epoxy and Winchester. The Chlor Alkali Products and Vinyls segment manufactures and sells chlorine and caustic soda, ethylene dichloride and vinyl chloride monomer, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchloroethylene, hydrochloric acid, hydrogen, bleach products and potassium hydroxide. The Epoxy segment produces and sells a full range of epoxy materials and precursors, including aromatics (acetone and phenol), allyl chloride, epichlorohydrin, liquid epoxy resins, solid epoxy resins and systems and growth products, such as converted epoxy resins and additives. The Winchester segment produces and sells sporting ammunition, reloading components, small caliber military ammunition and components, industrial cartridges and clay targets.

Sector

Commodity Chemicals

Calendar

2024-07-24 - Q2 2024 Earnings Release (Projected)

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Ratings for Olin Corporation

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

53.48 USD

Average target price

61.58 USD

Spread / Average Target

+15.15%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

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