Avient Corp

Avient Corp. engages in the business of thermoplastic compounds. It specializes in polymer materials, services, and solutions with operations in specialty polymer formulations, color and additive systems, plastic sheet and packaging solutions and polymer distribution. The firm is also involved in the development and manufacturing of performance enhancing additives, liquid colorants, fluoropolymers, and silicone colorants. It operates through the following segments: Color, Additives and Inks, Specialty Engineered Materials, and Distribution. The Color, Additives and Inks segment provides custom color and additive concentrates in solid and liquid form for thermoplastics, dispersions for thermosets, specialty inks, plasticols, and vinyl slush molding solutions. The Specialty Engineered Materials segment makes polymer formulations, services, and solutions for designers, assemblers, and processors of thermoplastic materials. The Distribution segment distributes engineering and commodity grade resins, including PolyOne-produced solutions, principally to the North American, Central American, and Asian markets. The firm's products include polymer distribution, screen printing inks, and thermoplastic elastomers. Its services include IQ design and color services. The company was founded on August 31, 2000 and is headquartered in Avon Lake, OH.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Avient Corp surpasses Q4 expectations, eyes sustainable growth in '23

Avient Corp delivered strong Q4 performance, exceeding guidance, with a focus on sustainable solutions, operational efficiency, and strategic investments for growth.
The company's resilience in managing pricing, adapting to deflationary environments, and exploring growth opportunities in healthcare and personal protection gear positions it well for the future.
While facing challenges in maintaining leverage, adjusting pricing, and potential capacity reductions, Avient remains optimistic about growth prospects and operational improvements.
With a solid financial outlook for 2023, Avient aims to drive profitability, enhance shareholder value, and capitalize on opportunities in sustainable solutions and high-demand markets.

Avient Corp surpasses Q1 expectations, focuses on sustainable growth

Avient Corp's Q1 2023 performance exceeded expectations, with strong margins and integration of Dyneema. While facing challenges in demand trends and cost reduction efforts, the company remains focused on growth opportunities in key markets. By leveraging its strengths in operational efficiency and strategic planning, Avient Corp aims to drive sustainable growth and innovation.

Avient Corp beats Q2 earnings, eyes sustainable growth opportunities

Avient Corp's Q2 performance exceeded expectations with strong EPS and revenue guidance for Q3. Challenges include weaker demand in Europe and pricing pressures for sustainable solutions. Opportunities lie in sustainable solutions, healthcare composites, and growth in high-growth regions.

Avient Corp exceeds Q3 EPS guidance amidst sector-specific challenges

Avient Corp's Q3 performance showed resilience with adjusted EPS exceeding guidance, despite challenges from lower sales and weaker demand in certain sectors.
The company's strengths lie in the integration of APM, lower raw material prices benefit, and a commitment to shareholder value through increased dividends.
While facing challenges from industry-specific demand fluctuations, Avient Corp sees opportunities in long-term growth drivers, positive sector outlooks, and potential sales increase post-destocking.

Avient Corp reports robust Q4 earnings and outlines growth strategy

Avient Corp's Q4 2023 earnings call highlighted strong financial performance, leadership transitions, and strategic focus on profitable growth. The company provided optimistic guidance for 2024, emphasizing core themes of organic growth, innovation, and investment in people. While facing challenges in certain sectors, Avient Corp remains well-positioned to capitalize on growth opportunities.

Avient Corp reports strong Q1 earnings, eyes margin expansion

Avient Corp's Q1 2024 performance reflects strong earnings growth driven by defense sales and margin expansion, with a focus on profitable organic growth.
The company's strategic initiatives aim to drive further margin expansion, offset challenges like geopolitical impacts and raw material cost inflation.
Opportunities in defense sales growth, margin expansion in key segments, and stabilizing telecom markets offer avenues for future growth and profitability.
Maintaining high-quality service, expanding margins, and strategic planning position Avient Corp for sustained success and value creation in the market.

Avient Corp reports strong Q2 earnings, boosts guidance for 2024

Avient Corp's Q2 2024 performance reflects overall growth, particularly in Healthcare, Packaging, and Consumer end markets.
Despite challenges in Telecommunication and Energy sectors, the company's strategic focus on Healthcare and adjusted guidance show resilience.
With plans for an Investor Day to share strategic outlook, Avient Corp is poised for continued growth and investor engagement.

Avient Corp reports robust Q3 earnings, focuses on growth strategies

Avient Corp's Q3 performance reflects strong financial results, exceeding expectations in sales, EBITDA, and EPS.
The company's strategic initiatives to streamline operations and drive sales growth position it well for future success.
Addressing challenges and capitalizing on opportunities will be critical for sustaining growth and maximizing shareholder value.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Avient Corp. engages in the business of thermoplastic compounds. It specializes in polymer materials, services, and solutions with operations in specialty polymer formulations, color and additive systems, plastic sheet and packaging solutions and polymer distribution. The firm is also involved in the development and manufacturing of performance enhancing additives, liquid colorants, fluoropolymers, and silicone colorants. It operates through the Color, Additives and Inks and Specialty Engineered Materials segments. The Color, Additives and Inks segment provides custom color and additive concentrates in solid and liquid form for thermoplastics, dispersions for thermosets, specialty inks, plasticols, and vinyl slush molding solutions. The Specialty Engineered Materials segment makes polymer formulations, services, and solutions for designers, assemblers, and processors of thermoplastic materials. The firm's products include polymer distribution, screen printing inks, and thermoplastic elastomers. Its services include IQ design and color services. The company was founded on August 31, 2000 and is headquartered in Avon Lake, OH.

DuPont de Nemours

Eastman Chemical

Westlake Chemical

DuPont (DD), Eastman Chemical (EMN), Avient (AVNT) and Westlake (WLK) are likely to have benefited from cost and pricing actions as well as improved end-market demand on a moderation of de-stocking activities in Q2.

4 Chemical Stocks Set to Pull Off a Beat This Earnings Season

CLEVELAND , July 11, 2024 /PRNewswire/ -- The Board of Directors of Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable materials solutions, has declared a quarterly cash dividend of twenty-five and three-quarters cents ($0.2575) per share on the common stock outstanding, to be paid on October 9, 2024, to stockholders of record on September 13, 2024. About Avient Avient Corporation (NYSE: AVNT) provides specialized and sustainable materials solutions that transform customer challenges into opportunities, bringing new products to life for a better world.

Avient Announces Quarterly Dividend

Dublin, July 10, 2024 (GLOBE NEWSWIRE) -- The "Pultrusion Market: Trends, Opportunities and Competitive Analysis [2024-2030]" report has been added to ResearchAndMarkets.com's offering. The future of the global pultrusion market looks good with opportunities in the construction, wind energy, transportation, electrical and electronics and consumer goods. The global pultrusion market is expected to reach an estimated $4 billion by 2030 with a CAGR of 5% from 2023 to 2030.

Global Pultrusion Market Trends, Opportunities and Competitive Analysis 2024-2030, Featuring Strongwell, Exel Composites, Werner, Avient, Creative Composites, Tecton Products and Fiberline Composites

CLEVELAND , July 9, 2024 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable materials solutions, intends to release its second quarter 2024 earnings before the market opens on Tuesday, August 6, 2024.  The company will then host a webcast with a slide presentation at 8:00 a.m.

Avient To Hold Second Quarter 2024 Conference Call

Investors need to pay close attention to Avient (AVNT) stock based on the movements in the options market lately.

Is The Options Market Predicting A Spike In Avient (AVNT) Stock?

Avient Corporation (NYSE:AVNT ) Q1 2024 Earnings Conference Call May 7, 2024 8:00 AM ET Company Participants Joe Di Salvo - Vice President, Treasurer and Investor Relations Ashish Khandpur - President and Chief Executive Officer Jamie Beggs - Senior Vice President and Chief Financial Officer Conference Call Participants Frank Mitsch - Fermium Research Laurence Alexander - Jefferies Mike Harrison - Seaport Research Partners Michael Sison - Wells Fargo David Huang - Deutsche Bank Kristen Owen - Oppenheimer Vincent Andrews - Morgan Stanley Operator Good morning, ladies and gentlemen and welcome to Avient Corporation's webcast to discuss the company's First Quarter 2024 Results. My name is Livia, and I'll be your operator for today.

Avient Corporation (AVNT) Q1 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Avient (AVNT) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Avient (AVNT) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Avient (AVNT) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.63 per share a year ago.

Avient (AVNT) Q1 Earnings and Revenues Top Estimates

First quarter GAAP EPS from continuing operations of $0.54 compared to $0.23 in the prior year quarter First quarter adjusted EPS of $0.76 exceeded guidance of $0.68 primarily as a result of better-than-expected customer demand from defense applications and lower raw material costs First quarter adjusted EPS increased 21% over the prior year driven by improved margins from lower raw material costs and favorable mix, and lower net interest expense Revised 2024 full-year adjusted EPS guidance range to $2.50 to $2.65, from prior guidance of $2.40 to $2.65 given strong first quarter results; Revised full-year guidance range reflects 6% to 12% growth in adjusted EPS over the prior year CLEVELAND , May 7, 2024 /PRNewswire/ -- Avient Corporation (NYSE: 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.

Avient Announces First Quarter 2024 Results

Beyond analysts' top -and-bottom-line estimates for Avient (AVNT), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.

Exploring Analyst Estimates for Avient (AVNT) Q1 Earnings, Beyond Revenue and EPS

Air Products and Chemicals

Investors interested in stocks from the Chemical - Diversified sector have probably already heard of Avient (AVNT) and Air Products and Chemicals (APD). But which of these two stocks presents investors with the better value opportunity right now?

AVNT vs. APD: Which Stock Is the Better Value Option?

Innospec

Kronos Worldwide

The Zacks Chemicals Diversified industry is expected to benefit from an uptick in demand across major end-use markets and the moderation of de-stocking activities. EMN, AVNT, IOSP and KRO are set to gain from strategic actions and demand recovery.

4 Diversified Chemical Stocks to Gain From Demand Rebound

AVNT or APD: Which Is the Better Value Stock Right Now?

Here is how Avient (AVNT) and Kronos Worldwide (KRO) have performed compared to their sector so far this year.

Is Avient (AVNT) Stock Outpacing Its Basic Materials Peers This Year?

CLEVELAND , April 3, 2024 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable materials solutions, intends to release its first quarter 2024 earnings before the market opens on Tuesday, May 7, 2024.  The company will then host a webcast with a slide presentation at 8:00 a.m.

Avient To Hold First Quarter 2024 Conference Call

Avant Brands Inc. (AVTBF) Q4 2023 Earnings Call Transcript

Avient's adjusted EPS and adjusted EBITDA both rose year over year in Q4 2023, with lower raw material costs being one of the key factors. For full year 2024, management expects adjusted EPS of $2.40-$2.65, versus $2.36 per share in 2023 and $2.69 in 2022. Avient has growth opportunities in potentially higher margin sectors. The company could also benefit from the beginning of lower interest rates.

Avient: Growth Opportunities And New CEO

Avient Corporation (AVNT) Q4 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Avient (AVNT) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Avient (AVNT) Reports Q4 Earnings: What Key Metrics Have to Say

Avient (AVNT) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.39 per share a year ago.

Avient (AVNT) Q4 Earnings and Revenues Surpass Estimates

Fourth quarter and full year GAAP EPS of $0.30 and $0.83 compared to $(0.19) and $0.90 from continuing operations in the prior year  Fourth quarter and full year adjusted EPS of $0.52 and $2.36 exceeds guidance of $0.47 and $2.30 as a result of favorable sales as well as lower net interest expense Fourth quarter adjusted EPS increased 24% over the prior year pro forma adjusted EPS primarily driven by improved margins from positive portfolio mix, raw material deflation and cost reduction actions 2024 full year adjusted EPS expected to range from $2.40 to $2.65 as destocking comes to an end and underlying demand starts to improve CLEVELAND , Feb. 14, 2024 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable materials solutions, today announced its fourth quarter and full year results for 2023. Fourth quarter and full year GAAP earnings per share (EPS) were $0.30 and $0.83, compared to $(0.19) and $0.90 from continuing operations in the prior year, respectively.

Avient Announces Fourth Quarter and Full Year 2023 Results

Get a deeper insight into the potential performance of Avient (AVNT) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

What Analyst Projections for Key Metrics Reveal About Avient (AVNT) Q4 Earnings

Investors looking for stocks in the Chemical - Diversified sector might want to consider either Johnson Matthey PLC (JMPLY) or Avient (AVNT). But which of these two stocks offers value investors a better bang for their buck right now?

JMPLY or AVNT: Which Is the Better Value Stock Right Now?

Investors with an interest in Chemical - Diversified stocks have likely encountered both Arkema SA (ARKAY) and Avient (AVNT). But which of these two companies is the best option for those looking for undervalued stocks?

ARKAY vs. AVNT: Which Stock Is the Better Value Option?

CLEVELAND , Jan. 8, 2024 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, intends to release its fourth quarter 2023 earnings before the market opens on Wednesday, February 14, 2024.  The company will then host a webcast with a slide presentation at 8:00 a.m.

News for Avient Corp Stock (AVNT)