---
schema_version: "secwatch.filing_event.v1"
accession: "0001122976-23-000018"
form_type: "8-K"
ticker: "AVNT"
cik: "0001122976"
company_name: "AVIENT CORP"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T00:15:13.291942+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Avient beats Q1 adjusted EPS guidance at $0.63; maintains FY guidance at $2.40 EPS

## Summary
- Q1 sales $846M in line; GAAP EPS $0.23 includes $0.24 special items; adjusted EPS $0.63 beat guidance of $0.55.
- Maintains FY2023 adj. EBITDA guidance $530M and adj. EPS $2.40; Q2 outlook adj. EPS $0.60 on $845M sales.
- Composites and sustainable solutions resilient; Dyneema integration on track; demand in defense/energy/telecom.
- Sustainability Investor Day announced for Sept 20 to highlight sustainable solutions growth opportunities.

## SEC filing metadata
- accession: 0001122976-23-000018
- form_type: 8-K
- ticker: AVNT
- cik: 0001122976
- company_name: AVIENT CORP
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1122976/000112297623000018/0001122976-23-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1122976/000112297623000018/avnt-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001122976-23-000018
- JSON: https://secwatch.observer/filing/0001122976-23-000018.json
- Plain text: https://secwatch.observer/filing/0001122976-23-000018.txt

## Key facts
- Earnings Releases
  AVIENT CORP reported second quarter 2023 results: revenue $845 million, EPS adjusted EPS of $0.60. Guidance initiated.
  - Period: second quarter 2023
  - Revenue: $845 million
  - EPS: adjusted EPS of $0.60
  - Guidance: initiated
  - Result: guidance update
  source text: Accordingly, we expect second quarter sales and adjusted EPS of $845 million and $0.60, respectively, which reflects slightly higher margins than we projected at the beginning of the year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1122976/000112297623000018/0001122976-23-000018-index.htm
- Earnings Releases
  AVIENT CORP reported full year 2023 results: EPS adjusted EPS of $2.40. Guidance reaffirmed.
  - Period: full year 2023
  - EPS: adjusted EPS of $2.40
  - Guidance: reaffirmed
  - Result: guidance update
  source text: On a full year basis, we are maintaining our previous guidance of adjusted EBITDA and EPS of $530 million and $2.40.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1122976/000112297623000018/0001122976-23-000018-index.htm
- Earnings Releases
  AVIENT CORP reported first quarter 2023 results: revenue $846 million, EPS $0.23 GAAP EPS, $0.63 adjusted EPS.
  - Period: first quarter 2023
  - Revenue: $846 million
  - EPS: $0.23 GAAP EPS, $0.63 adjusted EPS
  - Result: reported results
  source text: Avient Announces First Quarter 2023 Results • First quarter sales of $846 million in line with guidance • GAAP EPS of $0.23 includes special items primarily related to restructuring costs as detailed in Attachment 3 • Adjusted EPS of $0.63 exceeded guidance of $0.55, driven by better-than-projected margins in both segments
  evidence_url: https://www.sec.gov/Archives/edgar/data/1122976/000112297623000018/0001122976-23-000018-index.htm

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