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Olin's (OLN) Earnings and Revenues Beat Estimates in Q1
OLNOlin(OLN) Zacks Investment Research·2024-04-30 16:26

Olin Corporation (OLN) posted earnings of 40 cents per share in first-quarter 2024, down from 1.16pershareintheyear−agoquarter.ThemetrictoppedtheZacksConsensusEstimateof36cents.Thechemicalmaker’srevenuesfellnearly11.31.16 per share in the year-ago quarter. The metric topped the Zacks Consensus Estimate of 36 cents.The chemical maker’s revenues fell nearly 11.3% year over year to 1,635.5 million in the quarter but beat the Zacks Consensus Estimate of 1,624.8million. SegmentReviewChlorAlkaliProductsandVinyls:Inthefirstquarter,revenuesamountedto1,624.8 million. Segment ReviewChlor Alkali Products and Vinyls: In the first quarter, revenues amounted to 884.6 million, down around 20.9% year over year. The figure missed th ...