Brief: Avient Posts Q2 EPS Of $0.92

Avient

26/07/2022 11:37

July 26 (Reuters) - Avient Corp  AVNT.N :
    * AVIENT ANNOUNCES SECOND QUARTER 2022 RESULTS
    * Q2 ADJUSTED EARNINGS PER SHARE $0.98
    * Q2 GAAP EARNINGS PER SHARE $0.92
    * SEES Q3 ADJUSTED EARNINGS PER SHARE $0.80
    * SEES FY ADJUSTED EARNINGS PER SHARE $3.50
    * Q2 SALES ROSE 5 PERCENT TO $1.3 BILLION
    * EMBARKED ON A FORMAL PROCESS TO EXPLORE SALE OF OUR
DISTRIBUTION
BUSINESS
    * QTRLY RESULTS DRIVEN BY BETTER THAN EXPECTED RESULTS IN
AMERICAS, MORE THAN OFFSETTING EXTENDED COVID-19 LOCKDOWNS IN
SHANGHAI
    * Q2 EARNINGS PER SHARE VIEW $0.92, REVENUE VIEW $1.31
BILLION --
REFINITIV IBES DATA
    * Q3 EARNINGS PER SHARE VIEW $0.86, REVENUE VIEW $1.29
BILLION --
REFINITIV IBES DATA
    * FY2022 EARNINGS PER SHARE VIEW $3.47, REVENUE VIEW $5.15
BILLION
-- REFINITIV IBES DATA

Source text for Eikon:  ID:nPn76vVR2a 
Further company coverage:  AVNT.N 

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