Olin (NYSE:OLN) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$1.59b (down 4.9% from 3Q 2023).

• Net loss: US$24.9m (down by 124% from US$104.1m profit in 3Q 2023).

• US$0.21 loss per share (down from US$0.84 profit in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Olin EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Chemicals industry in the US.

Performance of the American Chemicals industry.

The company's shares are down 12% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Olin (of which 1 can't be ignored!) you should know about.

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