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Olin Swings To Q3 Profit

Olin Corporation (OLN) Thursday reported third-quarter profit of $390.7 million or $2.38 per share, compared to net loss of $736.8 million or $4.67 per share last year.

Sales in the third quarter were $2.34 billion, up from $1.44 billion last year.

Analysts polled by Thomson Reuters estimated earnings of $2.02 per share on revenues of $2.35 billion for the quarter.

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