Why Is OLIN CORP (OLN) Stock Down Today?

OLN stock fell 16.51% to $18.51 in a single session driven by disappointing second-quarter earnings. The company reported an EPS of $(0.12), missing the $0.07 estimate, and revenue of $1.741 billion, below the $1.807 billion estimate. The earnings call highlighted supply-chain disruptions tied to the conflict involving Iran, an unplanned outage, and mixed demand trends.

What Happened

Olin Corp reported second-quarter results that fell short of expectations. Earnings per share came in at a loss of $0.12, below the estimated $0.07 positive figure. Revenue was $1.741 billion, missing the projected $1.807 billion. The company attributed the performance to supply-chain issues linked to the Iran conflict, an unplanned outage, and a partial offset from improved epoxy pricing and a recovery in commercial ammunition demand. These factors contributed to a sharp sell-off in the stock.

What The Data Shows

The stock has declined 21.3% over the last eight sessions, from $23.81 to $18.73. With a market cap of $2.1 billion, Olin remains unprofitable, reporting a trailing twelve-month EPS of -1.73 and a net margin of -2.9%. The stock is trading near its 52-week low of $17.73. Recent analyst activity includes Mizuho raising its price target to $24, while Truist and Goldman Sachs both lowered their targets to $24 and maintained a Hold or Neutral rating.

What To Watch

Investors should monitor the company's upcoming earnings report and any follow-up commentary from management regarding supply-chain progress and demand trends. Analyst coverage remains limited to one story in the last 36 hours, suggesting low immediate coverage breadth.