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AVNT — Avient News Story

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

Avient Corp AVNT.N reported quarterly adjusted earnings of 76 cents​​ per share for the quarter ended March 31, identical to the same quarter last year.  The mean expectation of eight analysts for the quarter was for earnings of 76 cents per share. Wall Street expected results to range from 74 cents to 77 cents per share.

Revenue fell 0.3% to $826.60 million from a year ago; analysts expected $827.10 million.

Avient Corp's reported EPS for the quarter was a loss of 22 cents​.

The company reported a quarterly loss of $20.2 million.

Avient Corp shares had fallen by 8.5% this quarter and lost 16.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 1% 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 6 "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 $41.50

This summary was machine generated from LSEG data May 6 at 01:31 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.760.76Met
Dec. 31 20240.480.49Beat
Sep. 30 20240.630.65Beat
Jun. 30 20240.720.76Beat

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