Olin reported higher sales and earnings in Q4 2024, but stock dropped 41.2%.

From Zacks Investment Research: 2025-02-03 12:48:13

Olin Corporation (OLN) reported fourth-quarter 2024 net income of $10.7 million or 9 cents per share, down from the prior year. Adjusted EBITDA was $193.4 million, with revenues of $1,671.3 million, driven by higher volumes and selling prices. Chlor Alkali Products and Vinyls revenue increased 5.3%, Epoxy revenue decreased 9.8%, and Winchester revenue rose 10.1%. Full-year results saw a decline in net sales and earnings. OLN repurchased shares, ended 2024 with $1.2 billion in liquidity, and expects to reduce costs and increase capital expenditures. OLN stock has dropped 41.2% and carries a Zacks Rank #5. Other top picks in the industry include NGVT, ICL, and FSM.



Read more at Zacks Investment Research: Olin’s Q4 Earnings and Revenues Beat Estimates, Sales Up Y/Y – February 3, 2025