For the quarter ended March 2024, Avient (AVNT) reported revenue of $829 million, down 2% over the same period last year. EPS came in at $0.76, compared to $0.63 in the year-ago quarter.The reported revenue represents a surprise of +0.43% over the Zacks Consensus Estimate of $825.45 million. With the consensus EPS estimate being $0.69, the EPS surprise was +10.14%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next ...

Avient (AVNT) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.63 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.14%. A quarter ago, it was expected that this maker of resins used in plastic pipe and other products would post earnings of $0.47 per share when it actually produced earnings of $0.52, delivering a surprise of 10.64%.Ov ...

AV I EN T C O R PO R ATI O N F I R S T 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 (NYSE: AVNT) M AY 7 , 2 0 2 4 D IS C L A IM E R Forward-Looking Statements Certain statements contained in or incorporated by reference into this presentation constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements give current expectations or forecasts of future events and are not guarantees of futur ...

First quarter GAAP EPS from continuing operations of $0.54 compared to $0.23 in the prior year quarter First quarter adjusted EPS of $0.76 exceeded guidance of $0.68 primarily as a result of better-than-expected customer demand from defense applications and lower raw material costs First quarter adjusted EPS increased 21% over the prior year driven by improved margins from lower raw material costs and favorable mix, and lower net interest expense Revised 2024 full-year adjusted EPS guidance range to $2.50 ...

NEWS RELEASE FOR IMMEDIATE RELEASE Avient Announces First Quarter 2024 Results • First quarter GAAP EPS from continuing operations of $0.54 compared to $0.23 in the prior year quarter • First quarter adjusted EPS of $0.76 exceeded guidance of $0.68 primarily as a result of betterthan-expected customer demand from defense applications and lower raw material costs • First quarter adjusted EPS increased 21% over the prior year driven by improved margins from lower raw material costs and favorable mix, and lowe ...

Wall Street analysts forecast that Avient (AVNT) will report quarterly earnings of $0.69 per share in its upcoming release, pointing to a year-over-year increase of 9.5%. It is anticipated that revenues will amount to $825.45 million, exhibiting a decline of 2.4% compared to the year-ago quarter.The consensus EPS estimate for the quarter has undergone an upward revision of 0.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their ...

The Zacks Chemicals Diversified industry is poised to benefit from a recovery in demand in certain key markets, including consumer durables and building & construction, as the prolonged customer inventory de-stocking that hurt the industry for most of 2023 has largely ended.Eastman Chemical Company (EMN) , Avient Corporation (AVNT) , Innospec Inc. (IOSP) and Kronos Worldwide, Inc. (KRO) are well-placed to benefit from the rebound in demand. Strategic measures, including operating cost reductions and aggress ...

Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yie ...

Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Is Avient (AVNT) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Avient is a member of the Basic Materials sector. This group includes 240 individual stocks and currently holds a Zacks Sector Rank of #7. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the se ...

yoh4nnAvient Corporation (NYSE:AVNT) is a chemicals company that has a Color Additives and Inks business, and a Specialty Engineered Materials business. In 2023, Avient's Color Additives and Inks business accounted for around $358 million and the Specialty Engineered Materials accounted for $224 million of the company's total $502 million in EBITDA. The company, which was previously known as PolyOne, changed its name to Avient in 2020 after it acquired Clariant Masterbatch. In the past 10 years, Avient' ...