Olin reported second-quarter revenue of $1.74 billion, a 0.9% decline from a year earlier but 1.3% above the Zacks Consensus Estimate of $1.72 billion. Earnings per share came in at $0.07, matching analyst expectations and up from $0.05 in the prior-year quarter. Among its segments, Epoxy sales surged 27.5% to $422.1 million, Winchester rose 11.8% to $500.3 million, while Chlor Alkali Products and Vinyls fell 16.3% to $819.5 million. Pretax income for Winchester was $28.1 million and for Epoxy was $16 million, both exceeding analyst forecasts. The stock has gained 13.3% over the past month, compared with a 1.5% decline in the S&P 500.
Olin CorporationRevenue beat estimates and EPS matched, with strong segment performance.