Olin: Q2 Earnings Snapshot
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CLAYTON, Mo. (AP) — CLAYTON, Mo. (AP) — Olin Corp. (OLN) on Thursday reported second-quarter net income of $146.9 million.
The Clayton, Missouri-based company said it had profit of $1.13 per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.04 per share.
The chlor-alkali and ammunition producer' posted revenue of $1.7 billion in the period, falling short of Street forecasts. Six analysts surveyed by Zacks expected $1.85 billion.
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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
