Why Olin Stock Crashed Today
Olin (NYSE: OLN) stock crashed an unlucky 13.7% through 10:30 a.m. ET Tuesday after missing slightly on its revenue report last night -- but crushing on earnings.
Heading into the report, analysts expected Olin to earn only $0.09 per share, but the chemicals and ammunition company actually earned $0.37 per share. Only on revenue did Olin come up short, reporting quarterly sales of $1.71 billion -- not the $1.73 billion expected.
Image source: Getty Images.
Source Fool.com
Olin Corp. Aktie
24,80 €
-2,36 %
Durchaus positiv bewertet unsere Community derzeit Olin Corp. mit 7 Buy-Einschätzungen und 2 Sell-Einschätzungen.
Das Kursziel der Community von 25 € für Olin Corp. wurde mit dem aktuellen Kurs von 24.8 € erreicht.
