Olin Q3 Profit Surges - Quick Facts

(RTTNews) - Olin Corp. (OLN) Monday reported third-quarter profit of $69.7 million or $0.86 per share, up from $28.7 million or $0.35 per share in the comparable quarter last year.

On average, eight analysts polled by Thomson Reuters expected the company to earn $0.66 per share for the quarter. Analysts' estimates typically exclude special items.

Sales increased to $670.7 million from $581.2 million last year. Analysts expected revenues of $677.92 million.

Looking ahead to the fourth quarter, the company has forecast earnings in a range of $0.25 to $0.30 per share. Analysts currently expect fourth-quarter earnings of $0.44 per share.