---
schema_version: "secwatch.filing_event.v1"
accession: "0001122976-24-000031"
form_type: "8-K"
ticker: "AVNT"
cik: "0001122976"
company_name: "AVIENT CORP"
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T16:05:26.183164+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Avient Q1 adj. EPS $0.76 beats guidance; raises FY EPS guidance low end to $2.50

## Summary
- GAAP EPS from cont. ops $0.54 vs $0.23 prior year; adjusted EPS $0.76 vs $0.63, above $0.68 guidance.
- Sales $829M, down 2% YoY; adjusted EBITDA margin 17.3%, +150 bps year-over-year.
- Revised FY adj. EPS guidance to $2.50-$2.65 from $2.40-$2.65; adj. EBITDA $510-$535M.
- Q2 adj. EPS guidance $0.71, +13% YoY, driven by demand improvement in consumer, packaging, defense.
- Strong demand for Dyneema fiber in personal protection and raw material deflation boosted margins.

## SEC filing metadata
- accession: 0001122976-24-000031
- form_type: 8-K
- ticker: AVNT
- cik: 0001122976
- company_name: AVIENT CORP
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1122976/000112297624000031/0001122976-24-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1122976/000112297624000031/avnt-20240507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001122976-24-000031
- JSON: https://secwatch.observer/filing/0001122976-24-000031.json
- Plain text: https://secwatch.observer/filing/0001122976-24-000031.txt

## Key facts
- Earnings Releases
  AVIENT CORP reported first quarter of 2024 results: revenue sales of $829.0 million, EPS GAAP EPS from continuing operations of $0.54. Guidance raised.
  - Period: first quarter of 2024
  - Revenue: sales of $829.0 million
  - EPS: GAAP EPS from continuing operations of $0.54
  - Guidance: raised
  - Result: reported results
  source text: AVNT), a leading provider of specialized and sustainable materials solutions, today announced its first quarter results for 2024. The company reported first quarter sales of $829.0 million compared to $845.7 million in the prior year quarter. First quarter GAAP earnings per share (EPS) from continuing operations was $0.54 compared to $0.23 in the prior year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1122976/000112297624000031/0001122976-24-000031-index.htm

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