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Olin Corporation (NYSE:OLN)

WEB NEWS

Tuesday, July 28, 2009

Comments & Business Outlook

Third quarter 2009 earnings per share are forecast to be in the $0.20 per diluted share range. This forecast includes an anticipated $44 million pretax recovery of environmental costs incurred and expensed in prior periods. The combination of the precipitous decline in caustic soda pricing and the continuation of weak demand will likely result in a third quarter segment loss in the Chlor Alkali business. ECU netbacks are expected to decline approximately 40% in the third quarter of 2009 compared to the second. Winchester expects continued strong demand in the third quarter of 2009 with earnings comparable to the second quarter, which are well above historic levels."

3rd Quarter 2009 Guidance Ending September ^a

	3rd Quarter 2009 Guidance	3rd Quarter 2008 Reported	Period Change
GAAP EPS ^b	$0.20	0.49	59.2%

Source: See Release, July 27, 2009

^a The above forecasts reflect the Company's current and preliminary views and are therefore subject to change. Please refer to the Company's Safe Harbor Statement (usually in press releases) for the factors that could cause actual results to differ materially from those contained in any forward-looking statement.
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Sunday, July 5, 2009

Comments & Business Outlook

2nd Quarter 2009 Guidance Ending June ^a

	2nd Quarter 2009 Guidance	2nd Quarter 2008 Reported	Period Change
GAAP EPS	$0.30 to $0.40	$ 0.47	-36.2% to -14.9%

Source: See Release,April 27, 2009

^a The above forecasts reflect the Company's current and preliminary views and are therefore subject to change. Please refer to the Company's Safe Harbor Statement (usually in press releases) for the factors that could cause actual results to differ materially from those contained in any forward-looking statement.

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Tuesday, January 27, 2009

Comments & Business Outlook

Guidance Report:

“Earnings in the first quarter of 2009 are projected to be in the $0.50 to $0.65 per diluted share range. Our visibility into total first quarter chlor alkali demand is significantly less than we normally experience and this forecast reflects an anticipated continuation of the weak Chlor Alkali demand environment experienced in the fourth quarter that has continued into January. We expect first quarter 2009 ECU pricing to improve from the fourth quarter of 2008 levels. Winchester’s results are expected to be similar to the first quarter of 2008.”

Source: Business Wire (January 26, 2009)

The company reported EPS of $.50 in the first quarter of 2008. The EPS guidance appears to be in line with analyst estimates.

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