Olin reports weaker Q3 earnings and targets Huntsman merger for Q1 2027
On October 29, Olin reported Q3 2026 net income of $14.4 million, or $0.13 per diluted share, compared with $42.8 million, or $0.37 per diluted share, a year earlier. Sales rose to $1,747.7 million from $1,713.2 million, while adjusted EBITDA fell to $191.4 million from $222.4 million. Olin forecast Q4 adjusted EBITDA of $80 million to $100 million and said its merger with Huntsman is expected to close in Q1 2027, subject to customary conditions.
Why it matters
Olin's Q4 adjusted EBITDA outlook is $80 million to $100 million, while the Huntsman transaction remains conditional and is not expected to close until Q1 2027. The update gives investors a near-term earnings range and a revised deal timetable to monitor.
Key facts
- 1Olin recorded $14.4 million in Q3 2026 net income, equal to $0.13 per diluted share, versus $42.8 million and $0.37 per diluted share in Q3 2025. prnewswire.com
- 2Q3 2026 adjusted EBITDA was $191.4 million, compared with $222.4 million in Q3 2025. prnewswire.com
- 3Q3 2026 sales were $1,747.7 million, versus $1,713.2 million in the prior-year quarter. prnewswire.com
- 4Olin expects Q4 2026 adjusted EBITDA to range from $80 million to $100 million. prnewswire.com
- 5The company expects full-year 2026 adjusted EBITDA of $550M-$570M. seekingalpha.com
- 6Olin said the Huntsman merger is targeted for Q1 2027 after shareholder approval and expiration of the U.S. Hart-Scott-Rodino waiting period. prnewswire.com
Open questions
- Analyst estimates for Q3 EPS and revenue differ across the materials.
- The merger still requires remaining regulatory approvals and other customary closing conditions.
Summary written by AlphAI AI Desk from 8 of 8 sources. Not investment advice. Figures are as stated by the linked sources.