NEW YORK (TheStreet) -- Shares of Olin (OLN) - Get Report  are declining 1.32% to $20.88 this afternoon ahead of the company's 2016 second quarter earnings report, due out on Monday, August 1 following the closing bell.

Analysts surveyed by Thomson Reuters expect the Clayton, MO-based chemical company to report earnings of 29 cents per share on revenue of $1.42 billion.

For the 2015 second quarter, Olin earned 32 cents per share and generated revenue of $535.4 million.

In a recent note, Olin adjusted its forecast for second quarter financial results, looking for income to "approximately break even" and for adjusted EBITDA to fall around $180 million for the period.

The company revised guidance for the 2016 fiscal year as well, expecting adjusted EBITDA in the range of $840 million to $900 million. Olin said the second half of the year will benefit from higher domestic and export caustic soda pricing.

Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

TheStreet Ratings rated this stock as a "hold" with a ratings score of C.

The company's strengths can be seen in multiple areas, such as its solid stock price performance, robust revenue growth and good cash flow from operations. However, TheStreet Ratings also finds weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.

You can view the full analysis from the report here: OLN

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