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Olin (OLN)
NYSE:OLN
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Earnings Data
Report Date
Jan 30, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-0.03Last Year’s EPS
0.28Same Quarter Last Year
Moderate Buy
Based on 12 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 29, 2018
|% Change Since: -24.67%
|Next Earnings Date:Jul 31, 2018
Earnings Call Sentiment|Negative
The call highlighted some positive developments, such as improvements in the caustic soda market and strong defense demand for Winchester, as well as significant shareholder returns. However, these were overshadowed by notable challenges, including substantial impacts from Hurricane Beryl, weak commercial ammunition demand, and ongoing struggles in the epoxy market due to cheap imports. These issues indicate a challenging environment for the company, with a cautious outlook for the near term.Company Guidance
During Olin Corporation's third-quarter 2024 earnings call, the company's executives outlined various metrics and guidance for the coming quarter. The company expects a lingering impact from Hurricane Beryl, estimated at $25 million for the fourth quarter, contributing to a full-year adjusted EBITDA impact of $135 million. Despite the hurricane's effects, Olin anticipates fourth-quarter EBITDA to range between $170 million and $200 million. They highlighted the firming of caustic soda prices, driven by robust demand in export markets and constrained global supply, with U.S. Gulf Coast caustic export prices increasing by over $100 sequentially, representing a 30% improvement from the second quarter. However, the company faces challenges in its Winchester segment, with commercial ammunition demand falling significantly short of expectations due to retailer inventory destocking. Winchester has announced ammunition price increases of 5% to 10% to offset rising propellant and metal costs. Overall, Olin remains focused on cost discipline and maximizing cash flow, maintaining a net debt to adjusted EBITDA ratio of 2.6x by year-end.Improvement in Caustic Soda Market
Caustic prices increased, supported by demand improvement in export markets and supply constraints. Export pricing for U.S. Gulf Coast caustic exports finished the third quarter up by over $100 sequentially, a 30% improvement over the second quarter index.
Strong Defense Demand for Winchester
Winchester's military sales across all value chains continue to show strength. Construction is underway for the Army's Lake City Next-Generation Squad Weapon Ammunition Facility, with defense-related revenue expected to grow as a percentage of Winchester sales.
Shareholder Returns
Olin has returned approximately 60% of its operating cash flow to shareholders over the last four quarters through dividends and share repurchases, repurchasing 6% of its outstanding shares.
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OLN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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OLN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 24, 2024 | $44.83 | $41.24 | -8.01% |
| Jul 25, 2024 | $47.58 | $44.16 | -7.19% |
| Apr 25, 2024 | $52.13 | $52.78 | +1.25% |
| Jan 25, 2024 | $50.89 | $54.23 | +6.56% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Olin (OLN) report earnings?
Olin (OLN) is schdueled to report earning on Jan 30, 2025, TBA Not Confirmed.
What is Olin (OLN) earnings time?
Olin (OLN) earnings time is at Jan 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OLN EPS forecast?
OLN EPS forecast for the fiscal quarter 2024 (Q4) is -0.03.
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