AVNT / Avient Corporation: Disappointing After An Interesting Setup

Avient Corporation (NYSE:AVNT ) Q3 2023 Earnings Call Transcript November 2, 2023 8:00 AM ET Company Participants Giuseppe Di Salvo - Vice President, more_horizontal

Revenues remain stagnant as the company has focused more on improved profitability. The company remains profitable despite recent margin volatility. I more_horizontal

Avient (AVNT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat i more_horizontal

While the chemical industry is hamstrung by demand headwinds, the industry players are expected to benefit from strategic actions to boost performance more_horizontal

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Neverthe more_horizontal

Avient (AVNT) pays off $100 million in existing term loans, bringing the total outstanding balance to $732 million. more_horizontal

Avient (AVNT) came out with quarterly earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings more_horizontal

CLEVELAND , June 20, 2023 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, inten more_horizontal