2 Results & Outlook • Achieved Adjusted EBITDA of $278 million; + 15% from 1Q24 • Second half demand recovery weaker than expected • Product pricing improving, but slower than planned • Winchester military sales accelerate in 3Q • Reduce FY24 capital spending by $25 million, despite +$10 million related to Hurricane Beryl • Continue to deliver restructuring benefits and cost discipline 6 Sales (in millions) 2Q 2024 2Q 2024 -7% +512% $341.3 $317.7 1Q 2024 $1.7 1Q 2024 $10.4 Sequential: 2Q24 vs 1Q24 – Improve ...

The reported revenue represents a surprise of -3.99% over the Zacks Consensus Estimate of $1.71 billion. With the consensus EPS estimate being $0.70, the EPS surprise was -11.43%. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Sales- Epoxy: $317.70 million compared to the $350.95 million average estimate based on three analysts. The ...

Olin (OLN) came out with quarterly earnings of $0.62 per share, missing the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $1.13 per share a year ago. These figures are adjusted for nonrecurring items. Olin, which belongs to the Zacks Chemical - Diversified industry, posted revenues of $1.64 billion for the quarter ended June 2024, missing the Zacks Consensus Estimate by 3.99%. This compares to year-ago revenues of $1.7 billion. The company has topped consensus revenue estimates t ...

Olin Corporation, 190 Carondelet Plaza, Suite 1530, Clayton, MO 63105 Clayton, MO, July 25, 2024 – Olin Corporation (NYSE: OLN) announced financial results for the second quarter ended June 30, 2024. Second quarter 2024 reported net income was $74.2 million, or $0.62 per diluted share, which compares to second quarter 2023 reported net income of $146.9 million, or $1.13 per diluted share. Second quarter 2024 adjusted EBITDA of $278.1 million excludes depreciation and amortization expense of $129.0 million a ...

EPOXY Olin Corporation is a leading vertically integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition. The chemical products produced include chlorine and caustic soda, vinyls, epoxies, chlorinated organics, bleach, hydrogen, and hydrochloric acid. Winchester's principal manufacturing facilities produce and distribute sporting ammunition, law enforcement ammunition, reloading components, small caliber military ammunition and components, industrial c ...

Estimate Revisions Trend The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Earnings Whisper Estimate revisions ahead of a company's earnings release offer clues to the business conditions for ...

Olin Corporation is a leading vertically integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition. The chemical products produced include chlorine and caustic soda, vinyls, epoxies, chlorinated organics, bleach, hydrogen, and hydrochloric acid. Winchester's principal manufacturing facilities produce and distribute sporting ammunition, law enforcement ammunition, reloading components, small caliber military ammunition and components, industrial cartrid ...

CLAYTON, Mo., July 2, 2024 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced today that on Friday, July 26, 2024, at 9:00 a.m. Eastern time, Olin's senior management will review the company's second quarter 2024 financial results. Prepared remarks will be followed by a question and answer period. CONFERENCE CALL INFORMATION Following the event, the webcast will remain available for replay on the company's website for one year. A telephonic replay of this conference call will be available beginning at 1 ...

Olin Corporation is a leading vertically integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition. The chemical products produced include chlorine and caustic soda, vinyls, epoxies, chlorinated organics, bleach, hydrogen, and hydrochloric acid. Winchester's principal manufacturing facilities produce and distribute sporting ammunition, law enforcement ammunition, reloading components, small caliber military ammunition and components, industrial cartrid ...

CLAYTON, Mo., May 23, 2024 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced today that Olin's Board of Directors has appointed Deon Carter as Vice President & President, Chlor Alkali Products & Vinyls effective June 17, 2024. Commenting on Mr. Carter joining Olin Corporation, President and Chief Executive Officer Ken Lane said "Deon's extensive career in the chemical and related industries will be a great addition for Olin in order to continue advancing our winning model. I look forward to Deon contin ...