Olin Q2 Profit Down - Quick Facts

(RTTNews) - Olin Corp. (OLN) Thursday reported second-quarter of $43.7 million or $0.54 per share, down from $47.6 million or $0.59 per share in the same period last year.

On average, 10 analysts polled by Thomson Reuters expected the company to earn $0.52 per share for the quarter. Analysts' estimates typically exclude special items.

Sales increased to $652.2 million from $508.7 million last year. Analysts expected revenues of $660.07 million.

Cost of sales increased to $531.1 million from $391.4 million last year.

Looking ahead to the third quarter, the company has forecast earnings in the range of $0.65 to $0.70 per share. Analysts currently expect third-quarter earnings of $0.62 per share.