Avient Corp expected to post earnings of 25cents a share - Earnings Preview

Avient

13/02/2023 15:14

* Avient Corp  AVNT.N   AVNT.K  is expected to show a fall
in
quarterly revenue when it reports  results on February 15. 
    * The Avon Lake Ohio-based  company is expected to report  a
36.6% decrease in revenue to $761.9 million from $1.2 billion a
year ago, according to the mean estimate from 7 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Avient Corp is for
earnings of 25 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Avient Corp
is
$41​, above​ its last closing price of $37.88. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.66        0.61       0.59      Missed  -3.6
 Jun. 30 2022  0.92        0.92       0.97      Beat    5.4
 Mar. 31 2022  0.95        0.95       0.99      Beat    4.2​
 Dec. 31 2021  0.55        0.55       0.58      Beat    5.1
 ​​Sep.        0.68        0.68       0.70      Beat    2.5
 30 2021                                                
 Jun. 30 2021  0.81        0.81       0.87      Beat    7.5​
 Mar. 31 2021  0.72        0.72       0.89      Beat    23.5
 Dec. 31 2020  0.47        0.45       0.52      Beat    14.4
 This summary was machine generated February 13 at 15:14 GMT. 
All figures in US dollars  unless otherwise stated