financetom
Business
financetom
/
Business
/
Avient Q2 Adjusted Earnings, Sales Increase; 2024 Adjusted EPS Forecast Raised
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Avient Q2 Adjusted Earnings, Sales Increase; 2024 Adjusted EPS Forecast Raised
Aug 6, 2024 6:15 AM

08:45 AM EDT, 08/06/2024 (MT Newswires) -- Avient ( AVNT ) reported Q2 adjusted earnings Tuesday of $0.76 per share, up from $0.63 a year earlier.

Analysts polled by Capital IQ expected $0.72.

Sales for the quarter ended June 30 were $849.7 million, compared with $824.4 million a year earlier.

Four analysts surveyed by Capital IQ expected $840.5 million.

The company expects adjusted EPS of $0.62 for Q3, while analysts surveyed by Capital IQ expect $0.61.

The company increased its 2024 adjusted EPS guidance range to $2.55 to $2.70 from $2.50 to $2.65. Analysts surveyed by Capital IQ expect $2.60.

Price: 40.34, Change: -0.51, Percent Change: -1.25

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Oracle Insider Sold Shares Worth $291,620, According to a Recent SEC Filing
Oracle Insider Sold Shares Worth $291,620, According to a Recent SEC Filing
Apr 4, 2025
05:28 PM EDT, 04/04/2025 (MT Newswires) -- Naomi O Seligman, Director, on April 02, 2025, sold 2,000 shares in Oracle (ORCL) for $291,620. Following the Form 4 filing with the SEC, Seligman has control over a total of 55,054 common shares of the company, with 34,630 shares held directly and 20,424 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1341439/000112760225011732/xslF345X05/form4.xml ...
Judge explains order for New York Times in OpenAI copyright case
Judge explains order for New York Times in OpenAI copyright case
Apr 4, 2025
April 4 (Reuters) - The New York Times ( NYT ) made its case, for now, that OpenAI and its most prominent financial backer Microsoft ( MSFT ) were responsible for inducing users to infringe its copyrights, a New York federal judge said in a court opinion on Friday explaining an order from March 26. U.S. District Judge Sidney Stein,...
Walmart denies ABC News report it could join investor group to buy TikTok
Walmart denies ABC News report it could join investor group to buy TikTok
Apr 4, 2025
April 4 (Reuters) - Walmart ( WMT ) on Friday denied a report from ABC News that it was considering joining a group of investors to buy short video app TikTok. Earlier on Friday, ABC News reporter Selina Wang said in a post on X that the world's largest retailer was actively considering joining a group of investors to buy...
Copyright 2023-2026 - www.financetom.com All Rights Reserved