Olin Posts Q3 Net Income of $14.4 Million, Adjusted EPS of 14 Cents Beats Estimates; Revenue of $1.75 Billion Misses Forecasts

Olin Corp. (OLN) reported third-quarter net income of $14.4 million, or 13 cents per share, the Clayton, Missouri-based chlor-alkali and ammunition producer said Thursday. Adjusted earnings, excluding restructuring costs, came to 14 cents per share, beating the average estimate of 10 cents from six analysts surveyed by Zacks Investment Research. Revenue for the period was $1.75 billion, below the $1.79 billion forecast by five Zacks analysts.