Avient Q3 sales up 32% to $1.2B, adj. EPS $0.70 (+52%), dividend raised 12%

AVIENT CORP

2021-Q3 EPS reported $2.18 revenue$3,617,300,000

GAAP EPS from continuing ops $0.57 vs $0.02 a year ago; adjusted EPS $0.70, up 52%.
Revenue $1.2B (+32% YoY); record Q3 operating income across all segments.
Annual dividend increased 12% to $0.95/share; 11th consecutive annual increase.
Full-year adjusted EPS guidance reaffirmed at $3.00, up 55% from $1.93 prior year.
Net debt/EBITDA leverage projected at 2.1x by year-end; M&A and buybacks planned.

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