U.S. Markets closed

Olin: 4Q Earnings Snapshot

CLAYTON, Mo. (AP) _ Olin Corp. (OLN) on Monday reported fourth-quarter earnings of $53.3 million.

The Clayton, Missouri-based company said it had net income of 32 cents per share.

The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 34 cents per share.

The chlor-alkali and ammunition producer' posted revenue of $1.64 billion in the period, which also did not meet Street forecasts. Three analysts surveyed by Zacks expected $1.71 billion.

For the year, the company reported profit of $327.9 million, or $1.95 per share. Revenue was reported as $6.95 billion.

Olin shares have risen 20 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $24.06, a fall of 33 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OLN at https://www.zacks.com/ap/OLN