Avient (US:AVNT) ZACKS·2025-05-06 12:20Company Performance - Avient reported quarterly earnings of $0.76 per share, surpassing the Zacks Consensus Estimate of $0.75 per share, and matching the earnings from a year ago [1] - The company posted revenues of $826.6 million for the quarter ended March 2025, which was 0.82% below the Zacks Consensus Estimate and a slight decrease from $829 million year-over-year [2] - Over the last four quarters, Avient has exceeded consensus EPS estimates four times and topped revenue estimates twice [2] Stock Outlook - Avient shares have declined approximately 16.8% since the beginning of the year, compared to a 3.9% decline in the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is $0.79, with expected revenues of $856.72 million, and for the current fiscal year, the estimate is $2.77 on $3.27 billion in revenues [7] Industry Context - The Chemical - Diversified industry, to which Avient belongs, is currently ranked in the bottom 18% of over 250 Zacks industries, indicating potential challenges ahead [8] - The performance of Avient's stock may be influenced by the overall outlook for the industry, as historical data shows that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]