Olin Corp (OLN, Financial) is set to release its Q3 2024 earnings on Oct 25, 2024. The consensus estimate for Q3 2024 revenue is $1,574.37 million, and the earnings are expected to come in at $0.03 per share. The full year 2024's revenue is expected to be $6.50 billion and the earnings are expected to be $1.45 per share. More detailed estimate data can be found on the Forecast page.
Olin Corp (OLN, Financial) Estimates Trends
Revenue estimates for Olin Corp (OLN) have declined over the past 90 days, with projections for the full year 2024 decreasing from $6.92 billion to $6.50 billion, and for 2025 from $7.60 billion to $7.04 billion. Earnings estimates have also seen a downward revision; for the full year 2024, estimates dropped from $3.08 per share to $1.45 per share, and for 2025 from $5.56 per share to $3.62 per share.
Olin Corp (OLN, Financial) Reported History
In the previous quarter of June 30, 2024, Olin Corp's (OLN) actual revenue was $1.64 billion, which missed analysts' revenue expectations of $1.71 billion by -3.81%. Olin Corp's (OLN) actual earnings were $0.62 per share, which missed analysts' earnings expectations of $0.711 per share by -12.8%. After releasing the results, Olin Corp (OLN) was down by -7.18% in one day.
Olin Corp (OLN, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 17 analysts, the average target price for Olin Corp (OLN) is $50.88 with a high estimate of $70 and a low estimate of $41. The average target implies an upside of 12.82% from the current price of $45.10.
Based on GuruFocus estimates, the estimated GF Value for Olin Corp (OLN, Financial) in one year is $54.53, suggesting an upside of 20.91% from the current price of $45.10.
Based on the consensus recommendation from 19 brokerage firms, Olin Corp's (OLN, Financial) average brokerage recommendation is currently 2.7, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
