---
schema_version: "secwatch.filing_event.v1"
accession: "0001122976-22-000061"
form_type: "8-K"
ticker: "AVNT"
cik: "0001122976"
company_name: "AVIENT CORP"
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T11:59:37.704501+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Avient reports Q3 GAAP EPS loss of ($0.30); cuts FY 2022 adj. EPS guidance to $2.60

## Summary
- GAAP EPS from continuing operations of ($0.30) vs $0.37 a year ago; special items included ($0.75) per share.
- Adjusted EPS exc. intangible amort. of $0.59 was in line with guidance of $0.58, vs $0.61 prior year.
- Completed acquisition of DSM Protective Materials (APM) on Sept 1; sold Distribution business on Nov 1.
- Used $750M after-tax proceeds from Distribution sale to redeem $600M 2023 Senior Notes and pay down $150M term loan.
- Revised FY 2022 adjusted EPS guidance to $2.60, citing weaker demand and new COVID lockdowns in China.

## SEC filing metadata
- accession: 0001122976-22-000061
- form_type: 8-K
- ticker: AVNT
- cik: 0001122976
- company_name: AVIENT CORP
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1122976/000112297622000061/0001122976-22-000061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1122976/000112297622000061/avnt-20221102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001122976-22-000061
- JSON: https://secwatch.observer/filing/0001122976-22-000061.json
- Plain text: https://secwatch.observer/filing/0001122976-22-000061.txt

## Key facts
- Earnings Releases
  AVIENT CORP updated its third quarter 2022 guidance (lowered).
  - Period: third quarter 2022
  - Guidance: lowered
  - Result: reported results
  source text: On November 2, 2022, the Registrant issued a press release, furnished herewith as Exhibit 99.1, announcing earnings for the third quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1122976/000112297622000061/0001122976-22-000061-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.