Avient's Q1 adjusted EPS beat expectations

Avient

07/05/2026 11:30

Overview

U.S. materials solutions provider's Q1 sales grew 3%, slightly beating analyst expectations

Adjusted EPS for Q1 rose 9% and beat analyst expectations

Company maintained full-year adjusted EPS guidance

Outlook

Avient expects Q2 adjusted EPS of $0.89

Company maintains 2026 full-year adjusted EPS guidance of $2.93 to $3.17

Avient says outlook for second half of 2026 is less certain due to macroeconomic factors

Result Drivers

PRODUCTIVITY IMPROVEMENT - Co said strong execution on productivity improvement contributed to results

COST CONTROL - Disciplined cost control supported margin expansion

INFLATION MITIGATION - Co said it worked to mitigate inflation costs from the Middle East situation and macro-economic uncertainty

Company press release: ID:nPn4RVrqLa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Slight Beat*
$847.40 mln
$847.36 mln (7 Analysts)
Q1 Adjusted EPS
Beat
$0.83
$0.81 (9 Analysts)
Q1 EPS
$0.61
Q1 Operating Income
$95.80 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the specialty chemicals peer group is "buy"

Wall Street's median 12-month price target for Avient Corp is $48.50, about 28.2% above its May 6 closing price of $37.84

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)