Avient Corporation (NYSE:AVNT) Q3 2024 Earnings Conference Call October 31, 2024 8:00 AM ET Company Participants Joe Di Salvo - Vice President, Treasurer & Investor Relations Ashish Khandpur - President & Chief Executive Officer Jamie Beggs - Senior Vice President & Chief Financial Officer Conference Call Participants Frank Mitsch - Fermium Research David Huang - Deutsche Bank Michael Sison - Wells Fargo Laurence Alexander - Jefferies Vincent Andrews - Morgan Stanley Kristen Owen - Oppenheimer Mike Harrison ...

T H I R D Q U A R T E R 2 0 2 4 R E S U L T S A N D 2 0 2 4 F I N A N C I A L G U I D A N C E AVIENT CORPORATION (NYSE: AVNT) O C T O B E R 3 1 , 2 0 2 4 DISCLAIMER Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: • Disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; • The ef ...

For the quarter ended September 2024, Avient (AVNT) reported revenue of $815.2 million, up 8.2% over the same period last year. EPS came in at $0.65, compared to $0.57 in the year-ago quarter.The reported revenue represents a surprise of +2.38% over the Zacks Consensus Estimate of $796.27 million. With the consensus EPS estimate being $0.63, the EPS surprise was +3.17%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expe ...

Avient (AVNT) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.57 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.17%. A quarter ago, it was expected that this maker of resins used in plastic pipe and other products would post earnings of $0.72 per share when it actually produced earnings of $0.76, delivering a surprise of 5.56%.Over ...

Third quarter sales increased 8% over the prior year quarter to $815 million supported by broad-based growth across all regions and most end markets Third quarter GAAP EPS from continuing operations of $0.41 compared to $0.06 in the prior year quarter Third quarter adjusted EPS of $0.65 exceeded guidance of $0.62 and increased 14% over prior year quarter, driven by organic revenue growth and margin expansion in both segments, as well as lower interest expense 2024 full-year adjusted EPS guidance range narr ...

NEWS RELEASE FOR IMMEDIATE RELEASE Avient Announces Third Quarter 2024 Results • Third quarter sales increased 8% over the prior year quarter to $815 million supported by broad-based growth across all regions and most end markets • Third quarter GAAP EPS from continuing operations of $0.41 compared to $0.06 in the prior year quarter • Third quarter adjusted EPS of $0.65 exceeded guidance of $0.62 and increased 14% over prior year quarter, driven by organic revenue growth and margin expansion in both segment ...

CLEVELAND, Oct. 9, 2024 /PRNewswire/ -- The Board of Directors of Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable materials solutions, has declared a quarterly cash dividend of twenty-seven cents ($0.27) per share on the common stock outstanding, representing the fourteenth consecutive annual increase.The $0.27 per share will be paid on January 8, 2025, to stockholders of record on December 13, 2024. On an annualized basis, the dividend will increase approximately 5%, from ...

Company Performance - Avient (AVNT) has shown a year-to-date performance increase of approximately 17.7%, significantly outperforming the Basic Materials sector, which has returned an average of 1.3% [2][3] - The Zacks Consensus Estimate for Avient's full-year earnings has risen by 1.8% over the past quarter, indicating improved analyst sentiment and a positive earnings outlook [2] - Avient is currently ranked 2 (Buy) in the Zacks Rank system, suggesting strong potential for future performance [2] Industry Comparison - Avient operates within the Chemical - Diversified industry, which consists of 29 stocks and currently holds a Zacks Industry Rank of 190, with an average gain of 3.1% this year [3] - Hecla Mining (HL), another stock in the Basic Materials sector, has outperformed with a year-to-date increase of 34.1% and is ranked 1 (Strong Buy) in the Zacks Rank system [2][3] - The Mining - Silver industry, to which Hecla Mining belongs, is currently ranked 80 and has experienced a year-to-date increase of 31.5% [3]

CLEVELAND, Oct. 3, 2024 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable materials solutions, intends to release its third quarter 2024 earnings before the market opens on Thursday, October 31, 2024.  The company will then host a webcast with a slide presentation at 8:00 a.m. Eastern Time on Thursday, October 31, 2024.The webcast can be viewed live at avient.com/investors, or by clicking on the webcast link here.  Conference call participants in the question ...

Avient Corporation’s (AVNT) shares reached a fresh 52-week high of $51.51 on Sept. 27 before closing at $50.41.In the past year, the stock has appreciated 44.9% compared with the industry’s 6.1% growth in the same period.Image Source: Zacks Investment ResearchWhat’s Driving Avient?Avient is optimistic about maintaining its strong momentum from the second quarter throughout the remainder of 2024. It continues to focus on its growth strategy, emphasizing innovative materials and processing solutions that alig ...