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.

Avient Corporation looked like a very interesting play following some M&A moves last year. I was upbeat on the proposition, but operating performance has faltered amidst softer economic growth and increased uncertainty.

Avient Corporation: Disappointing After An Interesting Setup

Assurant

American Tower

Crown Castle International

Enbridge

EOG Resources

East West Bancorp

Honeywell

Helmerich & Payne

Intercontinental Exchange

Nordson

Suncor Energy

Sun Communities

iShares Treasury Floating Rate Bond ETF

iShares 20+ Year Treasury Bond ETF

T. Rowe Price Group

Tyson Foods

WestRock

We have not removed or added any companies to the list since the last update mid-April. We have seen Telecom REITs and oil names become more attractively priced in the last 2-4 weeks.

Undervalued Dividend Stocks Watchlist - May 8th Update

Avient Corporation (NYSE:AVNT ) Q1 2023 Earnings Conference Call May 3, 2023 8:00 AM ET Company Participants Joe Di Salvo - Vice President, Treasurer and Investor Relations Bob Patterson - Chairman, President and Chief Executive Officer Jamie Beggs - Senior Vice President and Chief Financial Officer Conference Call Participants Frank Mitsch - Fermium Research Mike Harrison - Seaport Research Partners Vincent Anderson - Stifel Michael Sison - Wells Fargo David Huang - Deutsche Bank Jason Vernoff - Oppenheimer & Company Dan Rizzo - Jefferies Davis Sunderland - Baird Operator Good morning, ladies and gentlemen, and welcome to Avient Corporation's Webcast to discuss the company's First Quarter 2023 Results. My name is Katherine and I'll be your operator for today.

Avient Corporation (AVNT) Q1 2023 Earnings Call Transcript

Although the revenue and EPS for Avient (AVNT) give a sense of how its business performed in the quarter ended March 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Avient (AVNT) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

First quarter sales of $846 million in line with guidance GAAP EPS of $0.23 includes special items primarily related to restructuring costs as detailed in Attachment 3 Adjusted EPS of $0.63 exceeded guidance of $0.55, driven by better-than-projected margins in both segments Full year adjusted EBITDA and EPS guidance of $530 million and $2.40, respectively, maintained given present macroeconomic uncertainty Sustainability Investor Day to be held on September 20 th will highlight Avient's sustainable solutions portfolio and growth opportunities CLEVELAND , May 3, 2023 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable solutions, today announced its first quarter 2023 results. First quarter GAAP and adjusted earnings per share (EPS) were $0.23 and $0.63, respectively.

Avient Announces First Quarter 2023 Results

Apple

Agree Realty

Armada Hoffler Properties

Algonquin Power & Utilities

Booz Allen Hamilton Hld

Brookfield Renewable Partners

Bar Harbor Bankshares

Conagra Brands

EastGroup Properties

Enterprise Products Partners

EPR Properties

Essential Properties Realty Trust Inc

Alphabet

Innovative Industrial Properties

Intel

Kinder Morgan

Leggett & Platt

Mid-America Apartment Communities

Medtronic

Medifast

Dividend Growth Investing Like Peter Lynch

Ashland Global Hlds

Avery Dennison

Corteva Inc

New Linde PLC

Martin Marietta Materials

MP Materials

Owens-Illinois

Vulcan Materials

The short-term outlook for materials stocks is low, but these nine names could be diamonds in the rough.

The 9 Best Materials Stocks to Buy Now

CLEVELAND , April 5, 2023 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, intends to release its first quarter 2023 earnings before the market opens on Wednesday, May 3, 2023.  The company will then host a webcast with a slide presentation at 8:00 a.m.

Avient To Hold First Quarter 2023 Conference Call

ABM Industries

Albany International

Bristol-Myers

Broadridge Financial

Brady Corporation

Chubb

Comcast

Chesapeake Utilities

Cisco Systems

Dollar General

Quest Diagnostics

Eastman Chemical

Erie Indemnity

Evans Bancorp

First Bancorp

Glacier Bancorp

Getty Realty

Horizon

Hartford Financial Services Group

Hamilton Lane

H&R Block

International Flavors & Fragrances

Independent Bank

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends.

Dividend Champion, Contender, And Challenger Highlights: Week Of April 2

Arbor Realty Trust

Analog Devices

Automatic Data Processing

American Electric Power Company

Assured Guaranty

Amgen

AMERISAFE

Auburn National Bancorporation

Atlantica Sustainable Infrastructure

Best Buy

Becton, Dickinson and Co.

Badger Meter

BWX Technologies

Cable One

Cabot

Cogent Communications Holdings

Celanese

CME Group

Cummins

CNA Financial

Canadian National Railway Company

CNO Financial Group

CRA International

Dividend Champion, Contender, And Challenger Highlights: Week Of March 5

Banco Bilbao Vizcaya Argentaria

Middlefield Banc

Westinghouse Air Brake Technologies

Investors may keep a tab on BBVA, WAB, MBCN, ADI and AVNT, which have lately hiked their dividend payments to reward investors.

5 Stocks to Watch on Dividend Hikes Amid Spiking Inflation Rates

Avient Corporation (NYSE:AVNT ) Q4 2022 Earnings Conference Call February 15, 2023 8:00 AM ET Company Participants Joe Di Salvo - Vice President, Treasurer and Investor Relations Bob Patterson - Chairman, President and Chief Executive Officer Jamie Beggs - Senior Vice President and Chief Financial Officer Conference Call Participants Frank Mitsch - Fermium Research Michael Sison - Wells Fargo Mike Harrison - Seaport Angel Castillo - Morgan Stanley David Huang - Deutsche Bank Kristen Owen - Oppenheimer Laurence Alexander - Jefferies Eric Petrie - Citi Vincent Anderson - Stifel Operator Good morning, ladies and gentlemen, and welcome to Avient Corporation's webcast to discuss the company's 2022 fourth quarter and full year results. My name is Katherine, and I will be your operator for today.

Avient Corporation (AVNT) Q4 2022 Earnings Call Transcript

Fourth quarter and full year GAAP EPS from continuing operations of $(0.19) and $0.90 Fourth quarter and full year adjusted EPS from continuing operations of $0.39 and $2.69 exceeds prior guidance of $0.29 and $2.60 due to better-than-expected orders for personal protection products from Avient Protective Materials ("APM") and cost reductions On a pro forma basis, fourth quarter and full year adjusted EPS of $0.42 and $3.04 exceeded prior guidance of $0.33 and $2.95, respectively Strong working capital performance to finish the year resulted in cash flow from operations of approximately $400 million for 2022; full year free cash flow of approximately $290 million Paid down additional $200 million of debt for a year-end net debt-to-adjusted EBITDA of 2.9x which improved from prior projections Earned fourth Great Place to Work® certification, achieving the highest employee engagement scores in the history of the company CLEVELAND , Feb. 15, 2023 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable solutions, today announced its fourth quarter and full year results for 2022. Fourth quarter and full year GAAP earnings per share (EPS) from continuing operations were $(0.19) and $0.90, respectively.

Avient Announces Fourth Quarter and Full Year 2022 Results

News for Avient Corp Stock (AVNT)