Avient Q2 sales $1.235B (+42%), adjusted EPS $0.87 (+107%); FY guidance raised to $3.00

AVIENT CORP

2021-Q2 EPS reported $1.60 revenue$2,397,500,000

GAAP EPS $0.74 vs $0.25 prior year; adjusted EPS $0.87 vs $0.42, up 107%.
Sales record of $1.235B, driven by strong demand across all end markets, consumer up 67%.
Full year 2021 adjusted EPS guidance raised to $3.00 from $2.80, implying 55% YoY growth.
Acquired Magna Colours Ltd., a leader in sustainable water-based inks for textile screen printing.
Investor Day scheduled for December 9 in New York City to highlight sustainable solutions.

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