Olin Corp. (OLN) Tops Q2 EPS by 2c, Posts FY11 Guidance, Declares 5 Million Share Buyback Plan

July 21, 2011 5:36 PM EDT
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Price: $18.08 +3.14%

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Sales: 1.45B

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Olin Corp. (NYSE: OLN) reported Q2 EPS of $0.52, $0.02 better than the analyst estimate of $0.50. Revenue for the quarter came in at $529.1 million versus the consensus estimate of $498.8 million.

Olin Corp. sees FY2011 EPS of $0.50-$0.55, versus the consensus of $0.69.

The board also declared a 5 million share buyback plan.


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