earnings
confidence high
sentiment positive
materiality 0.75
Avient Q2 adj. EPS $0.98 beats $0.92 guidance; sales record $1.3B
AVIENT CORP
2022-Q2 EPS reported
$1.83
revenue$2,596,200,000
- GAAP EPS $0.92 (+24% YoY); adjusted EPS $0.98 (+13%, excluding FX +20%).
- Sales $1.3B, up 5% YoY—all-time quarterly record; Americas strength offset China lockdowns.
- Q3 adj. EPS guidance $0.80 (+14% YoY); full-year adj. EPS guidance maintained at $3.50.
- DSM Protective Materials (Dyneema) acquisition on track to close in September.
- Exploring sale of Distribution business; encouraging buyer interest reported.