Avient Corp expected to post earnings of 92  cents a share - Earnings Preview

Avient

22/07/2022 16:46

* Avient Corp  AVNT.N   AVNT.K  is expected to show a rise
in
quarterly revenue when it reports  results on July 26. 
    * The Avon Lake Ohio-based  company is expected to report  a
6.2% increase in revenue to $1.312 billion from $1.24 billion a
year ago, according to the mean estimate from 6 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Avient Corp is for
earnings of 92 cents per share. For the same quarter last year,
the company reported earnings of 87 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"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
$62​, above​ its last closing price of $43.13. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.95        0.95       0.99      Beat    4.2
 Dec. 31 2022  0.55        0.55       0.58      Beat    5.1
 Sep. 30 2021  0.68        0.68       0.70      Beat    2.5​
 Jun. 30 2021  0.81        0.81       0.87      Beat    7.5
 ​​Mar.        0.72        0.72       0.89      Beat    23.5
 31 2021                                                
 Dec. 31 2020  0.47        0.45       0.52      Beat    14.4​
 Sep. 30 2020  0.47        0.47       0.46      Missed  -1.4
 Jun. 30 2020  0.27        0.27       0.28      Beat    5.3
 This summary was machine generated July 22 at 15:46 GMT.  All
figures in US dollars  unless otherwise stated