Avient Q2 adjusted EPS $0.63 beats $0.60 guidance; maintains FY EPS $2.40

AVIENT CORP

2023-Q2 EPS reported $0.46 revenue$1,670,100,000

GAAP EPS $0.24 includes $0.21 special items and $0.18 amortization; adjusted EPS $0.63.
Adjusted EPS beat guidance due to better-than-expected margins from raw material deflation and mix improvement.
Full-year 2023 adjusted EPS guidance maintained at $2.40 on lower estimated sales of $3.3B.
Acquisition of Dyneema cited as positive; demand weak in Europe, modest improvement in Asia.
Released latest Sustainability Report; Sustainability Day for investors on September 20, 2023.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

AVIENT CORP reported second quarter 2023 results: EPS Adjusted EPS of $0.63.

Period: second quarter 2023
EPS: Adjusted EPS of $0.63
Result: reported results

Exact text from the filing

GAAP EPS of $0.24 includes special items and amortization expense

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

AVIENT CORP reported second quarter 2023 results: EPS Adjusted EPS of $0.63.

Period: second quarter 2023
EPS: Adjusted EPS of $0.63
Result: reported results

Exact text from the filing

Adjusted EPS of $0.63 exceeded guidance of $0.60, driven by better-than-projected margins in both segments

View on SEC.gov

44 earnings releases filed in the last 30 days. Browse all earnings releases →

AVIENT CORP filing history →

Source: SEC EDGAR

accession 0001122976-23-000043

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