Avient Q3 2021 Earnings Report
Key Takeaways
Avient Corporation reported a 32% increase in sales to $1.2 billion and a 52% increase in adjusted EPS to $0.70 for the third quarter of 2021. The company maintains its previously communicated full-year adjusted EPS guidance of $3.00.
Sales increased 32% to $1.2 billion.
GAAP EPS from continuing operations increased to $0.57 from $0.02 in the prior year quarter.
Adjusted EPS increased 52% to $0.70 driven by record third quarter operating income in all segments.
Increased dividend 12% to $0.95, on an annualized basis, representing the eleventh consecutive annual increase.
Avient
Avient
Avient Revenue by Segment
Forward Guidance
The company maintains its previously communicated full-year adjusted EPS guidance of $3.00, which is an increase of 55% over the prior year adjusted EPS of $1.93.
Revenue & Expenses
Visualization of income flow from segment revenue to net income