---
schema_version: "secwatch.filing_event.v1"
accession: "0001122976-23-000004"
form_type: "8-K"
ticker: "AVNT"
cik: "0001122976"
company_name: "AVIENT CORP"
filed_at: "2023-02-15T23:59:59+00:00"
generated_at: "2026-06-19T10:34:52.074825+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Avient Q4 GAAP EPS $(0.19); adj EPS $0.39 beats guidance; guides FY2023 adj EPS $2.40

## Summary
- Q4 GAAP EPS from continuing ops $(0.19); full year GAAP EPS $0.90.
- Q4 adjusted EPS $0.39 vs prior guidance $0.29; full year adj EPS $2.69 vs $2.60 guidance.
- Pro forma adjusted EPS Q4 $0.42, full year $3.04, exceeding guidance of $0.33 and $2.95.
- Generated ~$400M cash from ops; free cash flow ~$290M; paid down $200M debt; net debt-to-adj EBITDA 2.9x.
- FY2023 outlook: sales ~$3.45B, adj EBITDA ~$530M, adj EPS ~$2.40, expecting H2 improvement.

## SEC filing metadata
- accession: 0001122976-23-000004
- form_type: 8-K
- ticker: AVNT
- cik: 0001122976
- company_name: AVIENT CORP
- filed_at: 2023-02-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1122976/000112297623000004/0001122976-23-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1122976/000112297623000004/avnt-20230215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001122976-23-000004
- JSON: https://secwatch.observer/filing/0001122976-23-000004.json
- Plain text: https://secwatch.observer/filing/0001122976-23-000004.txt

## Key facts
- Earnings Releases
  AVIENT CORP reported the fourth quarter of 2022 results: EPS $(0.19).
  - Period: the fourth quarter of 2022
  - EPS: $(0.19)
  - Result: reported results
  source text: Fourth quarter and full year GAAP earnings per share (EPS) from continuing operations were $(0.19) and $0.90, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1122976/000112297623000004/0001122976-23-000004-index.htm
- Earnings Releases
  AVIENT CORP reported the full year 2022 results: EPS $0.90.
  - Period: the full year 2022
  - EPS: $0.90
  - Result: reported results
  source text: Fourth quarter and full year GAAP earnings per share (EPS) from continuing operations were $(0.19) and $0.90, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1122976/000112297623000004/0001122976-23-000004-index.htm
- Earnings Releases
  AVIENT CORP reported full-year 2023 results: revenue $3.45 billion, EPS $2.40. Guidance initiated.
  - Period: full-year 2023
  - Revenue: $3.45 billion
  - EPS: $2.40
  - Guidance: initiated
  - Result: guidance update
  source text: Given these factors we anticipate full-year sales of $3.45 billion, adjusted EBITDA of $530 million and adjusted EPS of $2.40.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1122976/000112297623000004/0001122976-23-000004-index.htm

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