Olin posts Q3 2024 net loss of $24.9M vs profit of $104.1M a year ago

OLIN Corp

2024-Q3 EPS reported $0.81 revenue$4,868,800,000

Adjusted EBITDA fell to $160.3M from $314.8M in Q3 2023; sales down 4.9% to $1,589.5M.
Hurricane Beryl caused ~$109.4M impact in Q3, with expected total 2024 headwind of ~$135M.
Chlor Alkali segment earnings plunged to $45.3M from $172.3M; Epoxy loss widened to $42.8M.
Winchester earnings fell to $53.4M from $64.5M on weaker commercial sales; military up 35% sequentially.
Q4 2024 adjusted EBITDA guided to $170-200M; quarterly dividend of $0.20 declared.

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