secwatch.observer — SEC 8-K summary
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Issuer:     AVIENT CORP (AVNT)
CIK:        0001122976
Form:       8-K
Filed at:   2022-02-08T23:59:59+00:00
Accession:  0001122976-22-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Avient reports record Q4 and FY2021; adjusted EPS up 58% to $3.05; guides 2022 adj. EPS $3.50
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- Q4 sales $1.2B (+21% YoY); full year sales $4.8B (+27% YoY).
- GAAP EPS: Q4 $0.32 vs $0.81, FY $2.51 vs $1.46; adjusted EPS Q4 $0.58 (+12%), FY $3.05 (+58%).
- Initiates 2022 guidance: sales ~$5.1B, adjusted EPS $3.50.
- Increased annual dividend 12% to $0.95 per share (11th consecutive annual increase).
- Clariant color acquisition integration ahead of schedule; EBITDA contribution rose to $205M; net debt/EBITDA 2.2x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1122976/000112297622000003/0001122976-22-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1122976/000112297622000003/avnt-20220208.htm
  HTML page:      https://secwatch.observer/filing/0001122976-22-000003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer