Olin Corp.'s strong business model, bolstered by U.S. Army contracts and decades of chemical industry know-how, suggests significant revenue growth potential through 2030. Derivative strategies, cost-cutting in the epoxy segment, and increased participation in small caliber ammunition markets are expected to drive net income growth. Despite risks from debt, goodwill impairments, and transportation issues, OLN's financial performance and free cash flow growth indicate a target price of $136.
Olin Corporation has underperformed, with my stake down over 20%, but I still see long-term potential despite short-term challenges. 3Q24 results were impacted by Hurricane Beryl and weak Chlor Alkali and Epoxy markets, but lower operating costs and military ammo sales offer some positives. Olin's valuation suggests a conservative "Buy" for the long-term, but better short-term investment options exist; waiting until post-4Q24 for clearer recovery signs is advisable.
While the top- and bottom-line numbers for Olin (OLN) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Olin Corporation (NYSE:OLN ) Q3 2024 Earnings Conference Call October 25, 2024 9:00 AM ET Company Participants Steve Keenan - Director of IR Ken Lane - President and CEO Todd Slater - CFO Conference Call Participants Duffy Fischer - Goldman Sachs Hassan Ahmed - Alembic Global Arun Viswanathan - RBC Capital Markets Jeff Zekauskas - JP Morgan Aleksey Yefremov - KeyBanc Josh Spector - UBS Patrick Cunningham - Citi Kevin McCarthy - Vertical Research Steve Byrne - Bank of America Mike Leithead - Barclays Bhavesh Lodaya - BMO Capital Markets John Roberts - Mizuho David Begleiter - Deutsche Bank Mike Sison - Wells Fargo Frank Mitsch - Fermium Research Operator Good morning. And welcome to Olin Corporation's Third Quarter 2024 Earnings Conference Call.
Get a deeper insight into the potential performance of Olin (OLN) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Olin (OLN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Olin Corporation [OLN] Q2 2024 Earnings Conference Call July 26, 2024 9:00 AM ET Company Participants Ken Lane - CEO Todd Slater - CFO Steve Keenan - Director, IR Conference Call Participants Jeff Zekauskas - J.P. Morgan Hassan Ahmed - Alembic Global Steve Byrne - Bank of America Duffy Fischer - Goldman Sachs Aleksey Yefremov - KeyBanc David Begleiter - Deutsche Bank Patrick Cunningham - Citi Kevin McCarthy - Vertical Research Matthew Blair - TPH Arun Viswanathan - RBC Capital Markets Mike Sison - Wells Fargo Michael Leithead - Barclays Josh Spector - UBS Frank Mitsch - Fermium Research Vincent Andrews - Morgan Stanley Operator Good morning, and welcome to Olin Corporation's Second Quarter 2024 Earnings Conference Call.
The top line of Olin (OLN) in Q2 is hurt by lower pricing in its chemical businesses.
While the top- and bottom-line numbers for Olin (OLN) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Olin (OLN) came out with quarterly earnings of $0.62 per share, missing the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $1.13 per share a year ago.
Olin (OLN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.