Avient Corporation (AVNT) Tops Q2 EPS by 6c

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Go back to Avient Corporation (AVNT) Tops Q2 EPS by 6c

Avient Announces Second Quarter 2022 Results

July 26, 2022 6:29 AM EDT

Second quarter sales grew to $1.3 billion, a 5% increase over the prior year quarter, and an all-time quarterly recordGAAP EPS increased 24% to $0.92 compared to $0.74 in the prior year quarterAdjusted EPS increased 13% to $0.98 compared to $0.87 in the prior year quarter, exceeding second quarter guidance of $0.92. Results driven by better than expected results in the Americas, more than offsetting extended COVID-19 lockdowns in ShanghaiThird quarter adjusted EPS guidance of $0.80 introduced with full year adjusted EPS guidance of $3.50 maintained (without giving effect to any adjustments for the announced acquisition of DSM Protective... More