---
schema_version: "secwatch.filing_event.v1"
accession: "0001122976-23-000054"
form_type: "8-K"
ticker: "AVNT"
cik: "0001122976"
company_name: "AVIENT CORP"
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-08T23:23:01.054727+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.72
calibrated_materiality_score: 0.72
confidence: "high"
source: SEC EDGAR
---

# Avient Q3 adjusted EPS $0.57 beats guidance; sales $754M down 8.4% YoY; FY adj EPS guidance $2.30

## Summary
- GAAP EPS $0.06 vs ($0.30) prior year; adjusted EPS $0.57 exceeds guidance of $0.56.
- Sales $754M, down from $823M; destocking slowing in many end markets, especially packaging.
- Q4 adjusted EPS guidance $0.47 (+12% YoY); full-year adjusted EPS $2.30, sales $3.13B.
- Paid down $100M debt, refinanced Term Loan; annual interest expense savings of $10M.
- Dividend increased for 13th consecutive year; full-year free cash flow guidance maintained at $180M.

## SEC filing metadata
- accession: 0001122976-23-000054
- form_type: 8-K
- ticker: AVNT
- cik: 0001122976
- company_name: AVIENT CORP
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.72
- calibrated_materiality_score: 0.72
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1122976/000112297623000054/0001122976-23-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1122976/000112297623000054/avnt-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001122976-23-000054
- JSON: https://secwatch.observer/filing/0001122976-23-000054.json
- Plain text: https://secwatch.observer/filing/0001122976-23-000054.txt

## Key facts
- Earnings Releases
  AVIENT CORP reported third quarter 2023 results: revenue $754 million, EPS $0.06. Guidance lowered.
  - Period: third quarter 2023
  - Revenue: $754 million
  - EPS: $0.06
  - Guidance: lowered
  - Result: reported results
  source text: The company reported third quarter sales of $754 million compared to $823 million in the prior year. Third quarter GAAP and adjusted earnings per share (EPS) were $0.06 and $0.57, respectively, compared to ($0.30) and $0.59 in the prior year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1122976/000112297623000054/0001122976-23-000054-index.htm

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