Avient Corp reports results for the quarter ended December 31 - Earnings Summary

Avient

13/02/2025 14:30

* Avient Corp  AVNT.N  reported quarterly adjusted earnings
of 49
cents​​ per share for the quarter ended December 31, lower than
the same quarter last year, when the company reported EPS of 52
cents.  The mean expectation of seven analysts for the quarter
was for earnings of 48 cents per share. Wall Street expected
results to range from 48 cents to 49 cents per share.
    * Revenue rose 3.8% to $746.50 million from a year ago;
analysts
expected $749.02 million. 
    * Avient Corp's reported EPS for the quarter was 52 cents​.
    * The company reported quarterly net income of $48.3
million.
    * Avient Corp shares had risen by 2.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.2%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * 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 average consensus recommendation for the specialty
chemicals
peer group is also "buy"

Wall Street's median 12-month price target for Avient Corp is
$55.00 
This summary was machine generated from LSEG data February 13 at
02:30 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.48           0.49           Beat
 Sep. 30 2024      0.63           0.65           Beat
 Jun. 30 2024      0.72           0.76           Beat
 Mar. 31 2024      0.69           0.76           Beat