Olin Corp. (OLN) Tops Q4 EPS by 8c; Issues Light Q1 EPS Outlook

January 29, 2013 6:34 AM EST
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Price: $27.47 +3.35%

Financial Fact:
Interest income: 500K

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Olin Corp. (NYSE: OLN) reported Q4 EPS of $0.43, $0.08 better than the analyst estimate of $0.35. Revenue for the quarter came in at $587.6 million versus the consensus estimate of $546.61 million.

Sees Q1 2013 EPS of $0.40-0.45, versus the consensus of $0.62. The company said: "Chlor Alkali first quarter 2013 earnings are expected to decline compared to the first quarter of 2012 due to lower volumes and pricing. Commercial volumes in Winchester are expected to remain at elevated levels and as a result, first quarter 2013 earnings are forecast to significantly exceed first quarter 2012 earnings. First quarter 2013 results are expected to include approximately $3.5 million of restructuring charges."

For earnings history and earnings-related data on Olin Corp. (OLN) click here.

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