Shares of Olin Corporation (NYSE: OLN) jumped 5.77% in after-hours trading on Thursday, following the release of its impressive first-quarter 2025 financial results that surpassed analyst expectations. The chemical manufacturer demonstrated resilience in a challenging market environment, with both revenue and earnings beating Wall Street estimates.
Olin reported Q1 revenue of $1.64 billion, surpassing the analyst consensus estimate of $1.58 billion by 4.20%. The company's earnings per share came in at $0.01, beating the expected loss of $0.10 per share. Despite the year-over-year decline from $0.40 per share in the same period last year, investors were pleased with Olin's ability to remain profitable in a tough market. The adjusted EBITDA for the quarter was $185.6 million, significantly higher than the estimated $160.1 million.
Adding to the positive sentiment, Olin provided an optimistic outlook for the second quarter of 2025. The company expects Q2 adjusted EBITDA to be in the range of $170 million to $210 million, suggesting a potential improvement in business conditions. This forward-looking guidance, combined with the better-than-expected Q1 results, likely contributed to the stock's after-hours rally as investors anticipate a potential turnaround in Olin's performance.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.