Olin Corp. (OLN) Posts Q1 EPS of 17c

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Go back to Olin Corp. (OLN) Posts Q1 EPS of 17c

Olin Announces First Quarter 2015 Earnings

April 27, 2015 5:20 PM EDT

CLAYTON, Mo., April 27, 2015 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced today that its first quarter 2015 net income was $13.1 million, or $0.17 per diluted share, which compares to $29.5 million, or $0.37 per diluted share in the first quarter of 2014.  Sales in the first quarter of 2015 were $518.0 million compared to $577.4 million in the first quarter of 2014.

First quarter 2015 results included acquisition-related costs of $10.4 million, mark-to-market adjustments on stock-based compensation expense of $6.9 million and pretax restructuring charges of $1.2 million. 

Joseph D. Rupp, Chairman and Chief Executive Officer said, "The first quarter of 2015 was a... More