Avient Corporation (AVNT) Tops Q1 EPS by 17c, Raises Guidance

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Avient Announces Record First Quarter 2021 Results; Increases Full Year Guidance

April 30, 2021 6:40 AM EDT

CLEVELAND, April 30, 2021 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, today reported its first quarter results for 2021. First quarter 2021 GAAP EPS from continuing operations was $0.86 compared to $0.38 in the prior year first quarter.  The company noted that GAAP EPS includes special items (Attachment 3), which impacted EPS in both periods and were primarily associated with acquisition-related and restructuring costs.  Unless otherwise noted herein, all comparisons to prior year results are pro forma for the Clariant Masterbatch acquisition.

"I'm very pleased to... More