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Olin Corp. Message Board

  • joeybee_123 joeybee_123 Jul 27, 2009 6:24 PM Flag

    Read the 3rd quater guidance carefully

    "Third quarter 2009 earnings per share are forecast to be in the $0.20 per diluted share range. This forecast includes an anticipated $44 million pretax recovery of environmental costs incurred and expensed in prior periods."

    It looks to me they are projecting a loss for the quater before taking into account the recovery of environmental costs.

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