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Avient Q2 Adjusted Earnings, Sales Increase; 2024 Adjusted EPS Forecast Raised
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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

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