NEWS RELEASE FOR IMMEDIATE RELEASE Avient Announces Third Quarter 2024 Results • Third quarter sales increased 8% over the prior year quarter to $815 million supported by broad-based growth across all regions and most end markets • Third quarter GAAP EPS from continuing operations of $0.41 compared to $0.06 in the prior year quarter • Third quarter adjusted EPS of $0.65 exceeded guidance of $0.62 and increased 14% over prior year quarter, driven by organic revenue growth and margin expansion in both segment ...

CLEVELAND, Oct. 9, 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-seven cents ($0.27) per share on the common stock outstanding, representing the fourteenth consecutive annual increase.The $0.27 per share will be paid on January 8, 2025, to stockholders of record on December 13, 2024. On an annualized basis, the dividend will increase approximately 5%, from ...

For those looking to find strong Basic Materials stocks, it is prudent to search for companies in the group that are outperforming their peers. Avient (AVNT) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Basic Materials sector should help us answer this question.Avient is one of 235 companies in the Basic Materials group. The Ba ...

CLEVELAND, Oct. 3, 2024 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable materials solutions, intends to release its third quarter 2024 earnings before the market opens on Thursday, October 31, 2024.  The company will then host a webcast with a slide presentation at 8:00 a.m. Eastern Time on Thursday, October 31, 2024.The webcast can be viewed live at avient.com/investors, or by clicking on the webcast link here.  Conference call participants in the question ...

Avient Corporation’s (AVNT) shares reached a fresh 52-week high of $51.51 on Sept. 27 before closing at $50.41.In the past year, the stock has appreciated 44.9% compared with the industry’s 6.1% growth in the same period.Image Source: Zacks Investment ResearchWhat’s Driving Avient?Avient is optimistic about maintaining its strong momentum from the second quarter throughout the remainder of 2024. It continues to focus on its growth strategy, emphasizing innovative materials and processing solutions that alig ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that ...

文章核心观点 - 公司发行了6.25%利率的6.5亿美元2031年到期的优先票据,用于偿还2025年到期的5.75%优先票据 [1] - 公司第二季度业绩超预期,调整后每股收益为0.76美元,高于市场预期的0.72美元 [2] - 公司预计第三季度调整后每股收益为0.62美元,同比增长9% [2] - 公司上调了全年调整后EBITDA和每股收益的指引 [2] - 公司将继续执行其增长战略,专注于提供创新的材料和加工解决方案,以实现可持续发展目标 [3] 公司表现 - 第二季度收入为8.497亿美元,超过市场预期的8.412亿美元,同比增长 [2] - 第二季度调整后每股收益为0.76美元,超过市场预期的0.72美元 [2] - 预计第三季度调整后每股收益为0.62美元,同比增长9% [2] - 全年调整后EBITDA指引上调至5.15-5.4亿美元,调整后每股收益指引上调至2.55-2.70美元 [2] 行业地位 - 公司目前评级为中性(Zacks Rank 3) [4] - 同行业中Newmont、Carpenter Technology和Eldorado Gold被评为强烈买入(Zacks Rank 1) [4][5] - Newmont、Carpenter Technology和Eldorado Gold的业绩和股价在过去一年内均有大幅上涨 [5]

CLEVELAND, Sept. 5, 2024 /PRNewswire/ -- Avient Corporation (NYSE: AVNT) ("Avient") today announced the pricing of its previously announced offering of $650 million in aggregate principal amount of senior notes due 2031 (the "notes") in an offering exempt from the registration requirements of the Securities Act of 1933 (the "Securities Act"). The notes will bear interest at an annual rate of 6.250% and will be issued at a price of 100.000% of their principal amount. The closing of the notes offering is expe ...

CLEVELAND, Sept. 5, 2024 /PRNewswire/ -- Avient Corporation (NYSE: AVNT) ("Avient") today announced the commencement of an offering of $650 million in aggregate principal amount of senior notes due 2031 (the "notes") in an offering exempt from the registration requirements of the Securities Act of 1933 (the "Securities Act").Avient intends to use the net proceeds from the offering, together with cash on hand, to redeem all of its outstanding 5.75% senior notes due 2025 (the "2025 senior notes") and pay rela ...

文章核心观点 - 公司在第二季度表现出色,收入和利润均超出预期 [3][4] - 公司预计第三季度和全年业绩将继续保持强劲增长 [6] - 公司的可持续发展战略和创新产品解决方案推动了业绩的持续改善 [2] 公司表现 - 公司第二季度收入为8.497亿美元,超出市场预期 [3] - 公司第二季度调整后每股收益为0.76美元,也超出市场预期 [4] - 公司连续4个季度中有3个季度业绩超出预期,平均超出幅度为6.6% [5] - 公司2024年全年每股收益预期为2.65美元,同比增长12.3% [5] 行业表现 - 过去一年公司股价上涨26%,而同期行业下跌6.8% [1] - 公司在可持续发展和创新产品方面的战略优势,推动了其业绩的持续改善 [2]