Olin (OLN) to Record $26.6M Impairment Charge in Q3; Sees EPS Exceeding High End of Guidance
In a Form 8-K, Olin Corp. (NYSE: OLN) announced that it will include an impairment charge of $26.6 million in its Q3 results. Olin sees its Q3 EPS, excluding such impairment charges, exceeding the high end of its previously issued guidance for EPS in the range of $0.65-$0.70.
Olin Corporation engages in the manufacture and sale of chlor alkali products to commercial and industrial markets in the United States and internationally.
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