Olin: Fourth Quarter Earnings Overview

Olin Corp. Announces Fourth Quarter Financial Results

Olin Corp., headquartered in Clayton, Missouri, disclosed a net loss of $85.7 million for the fourth quarter.

The company reported a loss of $0.75 per share. After excluding restructuring expenses, the adjusted loss stood at $0.58 per share.

These figures were in line with analysts’ projections, as six experts polled by Zacks Investment Research also anticipated a loss of $0.58 per share.

Olin, which manufactures chlor-alkali products and ammunition, generated $1.67 billion in revenue during the quarter, surpassing the $1.58 billion average estimate from five Zacks analysts.

For the full year, Olin posted a net loss of $42.8 million, or $0.37 per share, with total revenue reaching $6.78 billion.