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Sep 30, 2020
Avient Q3 2020 Earnings Report
Reported better-than-expected revenue and margin performance across all businesses and regions
Key Takeaways
Avient Corporation reported third quarter results for 2020 with adjusted EPS of $0.54, exceeding September projection of $0.51. Specialty Engineered Materials delivered record third quarter operating income of $24.7 million, a 27% increase over the prior year.
GAAP EPS from continuing operations of $0.02 compared to $0.30 in the prior year quarter.
Adjusted EPS of $0.54, excluding step up depreciation and amortization related to the Clariant Masterbatch acquisition, exceeded September projection of $0.51 on better than expected sales and margins in all segments and regions
Specialty Engineered Materials achieved record third quarter operating income of $24.7 million, a 27% increase over the prior year
Published comprehensive new Sustainability Report, highlighting the company’s most recent contributions in sustainability and its 2030 Sustainability Goals
Avient
Avient
Avient Revenue by Segment
Revenue by Segment
Color & Additives Revenue
CapyFin.comSpecialty Materials Revenue
CapyFin.com Forward Guidance
As we start the fourth quarter, we see demand continuing to improve but recognize there remains uncertainty with how the ongoing pandemic recovery will unfold.
Revenue & Expenses
Visualization of income flow from segment revenue to net income