Avient Corp expected to post earnings of 72 cents a share - Earnings Preview
02/08/2024 17:58
* Avient Corp AVNT.N AVNT.K is expected to show a rise
in
quarterly revenue when it reports results on August 6 for the
period ending June 30 2024
* The Avon Lake Ohio-based company is expected to report a
2.1% increase in revenue to $841.36 million from $824.4 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data. (SAL represent Total/ Operating Revenue)
* LSEG's mean analyst estimate for Avient Corp is for
earnings of
72 cents per share. The company's EPS guidance on May 7 2024,
for the period ended June 30, was about USD0.71
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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
$52.00, above its last closing price of $44.44.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jan. 1 0001 0.69 0.69 0.76 Beat 10.3
Dec. 31 0001 0.48 0.48 0.52 Beat 9.5
Jan. 1 0001 0.57 0.57 0.57 Met 0.9
Jun. 30 2023 0.61 0.60 0.63 Beat 4.3
Mar. 0.55 0.55 0.63 Beat 14.3
31 2023
Jan. 1 0001 0.25 0.39 Beat 59.1
Sep. 30 2022 0.61 0.59 Missed -3.6
Jan. 1 0001 0.92 0.92 0.97 Beat 5.4
This summary was machine generated August 2 at 16:58 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)