Avient Corp reports results for the quarter ended in March - Earnings Summary

Avient

20/04/2022 07:21

* Avient Corp  AVNT.N  reported quarterly adjusted earnings
of 91
cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for earnings
of 95 cents per share.
    * Revenue rose 11.3% to $1.29 billion from a year ago; 
analysts
expected $1.26 billion. 
    * Avient Corp's reported EPS for the quarter was 99 cents​.
    * The mean earnings estimate of analysts had risen by
about 7.5%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Avient Corp shares had fallen by 0.2% this quarter and
lost 14.4% so far this year.
    * The company reported quarterly net income of $84.2
million.
    * Wall Street's median 12-month price target for Avient Corp
is
$65.00 
    * 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." 

This summary was machine generated April 20 at 06:21 a.m.  ​All
figures in US dollars unless otherwise stated