05:44 PM EDT, 10/24/2024 (MT Newswires) -- Olin (OLN) reported Q3 net loss late Thursday of $0.21 per diluted share, compared with earnings of $0.82 a year earlier.

Analysts polled by Capital IQ expected earnings of $0.04.

Sales for the quarter ended Sept. 30 were $1.59 billion, down from $1.67 billion a year earlier.

Analysts polled by Capital IQ expected $1.58 billion.

During Q3, Olin said it repurchased about 1 million shares for $45.4 million. It had about $700 million available under its share buyback program as of Sept. 30.

Shares of Olin fell over 7% in after-hours activity.

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