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Olin (OLN) Q4 Earnings and Revenues Surpass Estimates
OlinOlin(US:OLN) ZACKSยท2025-01-31 00:30

Financial Performance - Olin reported quarterly earnings of $0.09 per share, exceeding the Zacks Consensus Estimate of a loss of $0.01 per share, compared to earnings of $0.30 per share a year ago, representing an earnings surprise of 1,000% [1] - The company posted revenues of $1.67 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 3.88%, and compared to year-ago revenues of $1.61 billion [2] - Over the last four quarters, Olin has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Stock Performance and Outlook - Olin shares have declined approximately 3.4% since the beginning of the year, while the S&P 500 has gained 2.7% [3] - The current consensus EPS estimate for the coming quarter is $0.46 on revenues of $1.63 billion, and for the current fiscal year, it is $2.47 on revenues of $6.79 billion [7] Industry Context - The Chemical - Diversified industry, to which Olin belongs, is currently ranked in the bottom 8% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Olin's stock performance [5]