Brief: Avient Announces Fourth Quarter And Full Year 2022 Results

Avient

15/02/2023 13:06

Feb 15 (Reuters) - Avient Corp  AVNT.N :
    * AVIENT ANNOUNCES FOURTH QUARTER AND FULL YEAR 2022 RESULTS
    * Q4 GAAP LOSS PER SHARE $0.19
    * QTRLY ADJUSTED EARNINGS PER SHARE $0.39
    * ANTICIPATE FULL-YEAR 2023 SALES OF $3.45 BILLION
    * QTRLY SALES $790.4 MILLION VERSUS  $807.1 MILLION
    * Q4 EARNINGS PER SHARE VIEW $0.25, REVENUE VIEW $761.9
MILLION --
REFINITIV IBES DATA
    * SEES ADJUSTED EPS OF $2.40 IN 2023
    * EXPECT CONDITIONS TO IMPROVE IN H2 OF YEAR DRIVEN BY
PERFORMANCE
IN KEY GROWTH DRIVERS, PARTICULARLY SUSTAINABLE SOLUTIONS,
COMPOSITES
    * FY2023 EARNINGS PER SHARE VIEW $2.37, REVENUE VIEW $3.46
BILLION
-- REFINITIV IBES DATA
    * SEES 2023 ADJUSTED EBITDA OF $530 MILLION

Source text for Eikon:  ID:nPnc3QfNTa 
Further company coverage:  AVNT.N 
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