Olin Corp. (OLN) Misses Q1 EPS by 7c, Revenues Miss

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Olin Announces First Quarter 2019 Earnings

April 30, 2019 4:20 PM EDT

CLAYTON, Mo., April 30, 2019 /PRNewswire/ -- 

First Quarter 2019 Highlights

Net income of $41.7 million and adjusted EBITDA of $270.1 million Reiterated full year 2019 adjusted EBITDA forecast of $1.265 billion

Olin Corporation (NYSE: OLN) announced financial results for the first quarter ended March 31, 2019.

First quarter 2019 reported net income was $41.7 million, or $0.25 per diluted share, which compares to first quarter 2018 reported net income of $20.9 million, or $0.12 per diluted share.  First quarter 2019 adjusted EBITDA of $270.1 million excludes depreciation and amortization expense of $152.9 million, restructuring charges of $4.0 million,... More