Avient beats Q3 adjusted EPS guidance, raises full-year outlook, increases dividend 5%

AVIENT CORP

2024-Q3 EPS reported $1.32 revenue$2,493,900,000

Q3 sales $815M (+8% YoY); GAAP EPS $0.41; adjusted EPS $0.65 (+14% YoY) vs guidance $0.62.
FY2024 adjusted EPS guidance narrowed to $2.63-$2.67 (from $2.55-$2.70); adj EBITDA $525M-$530M.
Dividend increased 5% to $1.08 annualized; 14th consecutive annual increase.
Organic double-digit growth in Latin America (+27%), Asia (+11%), US/Canada (+9%), EMEA (+5%).

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