Olin Corporation (NYSE: OLN) has set the date for the release of its third quarter financial results on Thursday 24th October 2024, after market close. Investors and analysts will have a chance to analyze the company's performance during the quarter.
the business is expected to report an estimated per share $0.04 profit for the quarter, as predicted by financial analysts on Wall Street. Furthermore, the company is anticipated to disclose a total revenue of $1.57 billion during this period.
Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $6.5 billion. At the same time, the earnings per share for the company are also anticipated to reach profit of $1.58 during the fiscal year.
When examining the earnings report from the corresponding quarter of the previous year, it is evident that the company showcased per-share income of $0.82. This numbers can be credited to the company's total revenue, which amounted to an impressive $1.67 billion during the same quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.62 | -45.1% | 1.64 B | -3.5% |
| Q1 2024 | $0.40 | -65.5% | 1.64 B | -11.3% |
| Q4 2023 | $0.43 | -69.9% | 1.61 B | -18.3% |
| Q3 2023 | $0.82 | -62.4% | 1.67 B | -28.0% |
| Q2 2023 | $1.13 | -59.1% | 1.70 B | -34.9% |
| *Growth on year-over-year basis | ||||
OLN has scheduled a conference call on 25th October 2024 at 12:00 PM eastern time to discuss the third quarter financial results and other related information.
The previous trading day saw Olin Corporation (OLN) shares trading between $45.17 and $45.93, besides a volume of 1.12 million shares. The stock closed Tuesday's regular trading session at $45.76, marking 0.07 percent upturn.
