Avient Corp reports results for the quarter ended June 30 - Earnings Summary
Avient Corp reports results for the quarter ended June 30 - Earnings Summary
Avient Corp AVNT.N reported quarterly adjusted earnings of 96 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 80 cents. The mean expectation of nine analysts for the quarter was for earnings of 89 cents per share. Wall Street expected results to range from 89 cents to 91 cents per share.
Revenue rose 5.8% to $917.00 million from a year ago; analysts expected $898.56 million.
Avient Corp's reported EPS for the quarter was 70 cents.
The company reported quarterly net income of $64.8 million.
Avient Corp shares had risen by 2.6% this quarter and gained 21.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 1.1% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "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 $47.00, about 19.3% above its last closing price of $37.92
This summary was machine generated from LSEG data August 6 at 01:32 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 |
Jun. 30 2026 | 0.89 | 0.96 | Beat |
Mar. 31 2026 | 0.81 | 0.83 | Beat |
Dec. 31 2025 | 0.55 | 0.56 | Beat |
Sep. 30 2025 | 0.69 | 0.70 | Beat |