Avient (AVNT) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Avient reported revenue of $746.5 million for the quarter ended December 2024, reflecting a 3.8% increase year-over-year, but fell short of the Zacks Consensus Estimate of$ 751.23 million by 0.63% [1] - The company's EPS was $0.49, down from$ 0.52 in the same quarter last year, but exceeded the consensus estimate of $0.48 by 2.08% [1] Revenue Breakdown - Specialty Engineered Materials sales reached$ 279.70 million, surpassing the average estimate of $277.15 million by analysts, and showing a year-over-year increase of 7.7% [4] - Color, Additives and Inks sales were reported at$ 467.70 million, below the average estimate of $478.58 million, with a year-over-year change of 1.8% [4] - Corporate sales reported a loss of$ 0.90 million, worse than the estimated loss of $0.60 million, representing a significant year-over-year increase of 350% [4] Operating Income Analysis - Operating income for Color, Additives and Inks was$ 59.80 million, lower than the average estimate of $62.84 million [4] - Specialty Engineered Materials reported an operating income of$ 34.60 million, slightly above the average estimate of $33.50 million [4] - Corporate operating loss was$ 8.80 million, significantly better than the estimated loss of $37.50 million [4] Stock Performance - Avient's shares returned +0.4% over the past month, compared to a +3.9% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]