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Olin Corporation (OLN) Thursday reported fourth-quarter net income of $306.6 million or $1.89 per share, compared to last year's net loss of $33.0 million or $0.21 per share.


RTTNews | Jan 27, 2022 05:16PM EST

17:15 Thursday, January 27, 2022 (RTTNews.com) - Olin Corporation (OLN) Thursday reported fourth-quarter net income of $306.6 million or $1.89 per share, compared to last year's net loss of $33.0 million or $0.21 per share.

Sales for the quarter rose to $2.43 billion from $1.65 billion last year.

Analysts polled by Thomson Reuters expected earnings of $2.44 per share and revenues of $2.38 billion for the quarter. Analysts' estimates typically exclude one-time items.

Read the original article on RTTNews ( https://www.rttnews.com/3258079/olin-swings-to-q4-profit.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com All Rights Reserved






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