Latest news with #Avient
Globe and Mail
02-08-2025
- Business
- Globe and Mail
Earnings Summary on Avient
Key Points Earnings per share (Non-GAAP) of $0.80 for Q2 2025 exceeded consensus estimates and rising 5%, while Revenue (GAAP) reached $866.5 million, up 2% year over year, including a 1% favorable impact from foreign exchange. operating income for this segment declined year over year These 10 stocks could mint the next wave of millionaires › Avient (NYSE:AVNT), a global provider of specialty polymer materials and solutions, reported results on August 1, 2025. Adjusted earnings per share (Non-GAAP) were $0.80, topping analyst expectations of $0.78 (non-GAAP). Revenue (GAAP) also beat estimates at $866.5 million, up from $849.7 million (GAAP) in Q2 2024. Avient's results marked its fifth straight quarter of organic revenue growth and included expanding adjusted EBITDA margins, solid cash generation, and continued progress on debt reduction. Management described the overall quarter as one with steady gains in high-margin segments, though with pockets of ongoing softness in key North American markets. Metric Q2 2025 Q2 2025 Estimate Q2 2024 Y/Y Change EPS (Non-GAAP) $0.80 $0.78 $0.76 5.3% EPS (GAAP) $0.57 $0.36 58.3 Revenue $866.5 million $852.87 million $849.7 million 2.0% Adjusted EBITDA Margin 17.2% 16.9% 0.3 pp Operating Income $96.1 million $72.5 million 32.6% Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. Business Overview and Recent Focus Avient operates in the specialty materials industry, supplying polymers, colorants, additives, and engineered thermoplastics. Its key end markets include packaging, healthcare (like medical device materials), defense, transportation, consumer goods, and energy. Innovation is central to Avient's approach. In 2024, it invested $98.7 million in research and development, supporting a technical workforce of around 1,100 employees, including more than 100 with doctoral degrees. The company's recent business focus has centered around expanding high-value applications and maintaining operational agility. Key priorities include strengthening its role in healthcare, defense, and sustainable materials, alongside ongoing cost control and productivity efforts. Avient considers its global manufacturing footprint and customer partnerships essential for winning new business and managing shifting regulations, tariffs, and supply chains. Quarterly Highlights: Performance and Trends During the period, Avient modestly exceeded both revenue and adjusted earnings per share expectations, with revenue (GAAP) of $866.5 million and adjusted EPS (non-GAAP) of $0.80 both surpassing analyst estimates. Net income attributable to shareholders (GAAP) was $52.6 million, up from $33.6 million (GAAP) in Q2 2024. Adjusted net income was $73.5 million, compared to $70.2 million in Q2 2024. Adjusted EBITDA was $148.9 million, boosting the associated adjusted EBITDA margin to 17.2%, an improvement of 0.3 percentage points in adjusted EBITDA margin. These gains came despite continued weak demand in sectors such as North American consumer and transportation markets. Avient's Color, Additives and Inks family, which produces specialty color and additive products for a range of everyday finished goods, reported sales of $538.6 million, down slightly from the prior year period. Despite this, the segment lifted operating income to $90.3 million Management credited this to resilient packaging demand, including double-digit growth in personal care applications in the first quarter and solid beverage packaging sales worldwide, particularly in Asia and Latin America. The Specialty Engineered Materials product family, which includes specialized plastics and additives for demanding applications such as medical supplies, new energy vehicles, and defense gear, posted a 7% rise in sales to $329.7 million compared to Q2 2024. However, operating income in the Specialty Engineered Materials group declined 6.1% to $40.2 million compared to Q2 2024, reflecting pressure on segment margins. Notably, Avient highlighted double-digit sales growth in defense (which involves protective solutions for law enforcement and armed forces) and healthcare, where products are used in medical devices and consumables. While defense and healthcare offset much of the consumer and transportation weakness, those latter end-markets saw declines in the US and Canada, but growth in EMEA and Latin America. Cost discipline and operational improvements were also themes this quarter. Avient used cash flow from operations ($113 million) to pay down $50 million in debt. This keeps the company on track for its 2025 debt reduction target of $100–$200 million. Adjusted gross margin ticked slightly lower compared to Q2 2024, but the company expanded its adjusted operating margin to 11.9%, underscoring management's attention to productivity and cost management. The period also included notable one-time items. Year-to-date net income dropped on a GAAP basis due to a significant $86.3 million impairment charge linked to a cloud-based enterprise system. Management excluded this charge from adjusted earnings, but it impacted cash and reported net income. Looking Forward: Guidance and Areas to Monitor For the third quarter, Avient forecasts adjusted EPS of $0.70 For fiscal 2025, it narrowed full-year guidance to adjusted EPS of $2.77–$2.87, narrowed from a prior range of $2.70–$2.94. The outlook for adjusted EBITDA was updated to $545–$560 million. Management expects continued margin expansion from its higher-profit sectors—especially defense and healthcare—and affirms its commitment to cost control and further debt reduction. Order book visibility remains low (about 20–30 days out), and management stated, "we expect similar demand trends that we experienced in the first half." Several items will merit close attention in future quarters. Avient is counting on continued resilience in healthcare and defense end-markets, but a significant part of its targeted second-half 2025 earnings relies on further cost savings and foreign currency gains, rather than direct sales growth. Working capital requirements rose, partly from seasonal patterns and incentive payouts, so cash management will be important to watch. Raw material cost inflation is expected to be limited to 1–2% for the year. The company also reported that fewer than 3% of sales and 8% of raw material costs are exposed to tariff risks, due to a focus on local manufacturing, as disclosed by management in May. Overall, the business is positioned to benefit from its innovation, global reach, and a diversified customer base, while keeping a close eye on shifting demand in its core North American consumer and transportation markets. Revenue and net income presented using U.S. generally accepted accounting principles (GAAP) unless otherwise noted. Where to invest $1,000 right now When our analyst team has a stock tip, it can pay to listen. After all, Stock Advisor's total average return is 1,036%* — a market-crushing outperformance compared to 181% for the S&P 500. They just revealed what they believe are the 10 best stocks for investors to buy right now, available when you join Stock Advisor. *Stock Advisor returns as of July 29, 2025 JesterAI is a Foolish AI, based on a variety of Large Language Models (LLMs) and proprietary Motley Fool systems. All articles published by JesterAI are reviewed by our editorial team, and The Motley Fool takes ultimate responsibility for the content of this article. JesterAI cannot own stocks and so it has no positions in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Yahoo
07-07-2025
- Business
- Yahoo
Avient To Hold Second Quarter 2025 Conference Call
CLEVELAND, July 7, 2025 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), an innovator of materials solutions, intends to release its second quarter 2025 earnings before the market opens on Friday, August 1, 2025. The company will then host a webcast with a slide presentation at 8:00 a.m. Eastern Time on Friday, August 1, 2025. The webcast can be viewed live at or by clicking on the webcast link here. Conference call participants in the question and answer session should pre-register using the link at or here, to receive the dial-in number and personal PIN. This information is required to access the conference call. The question and answer session will follow the company's presentation and prepared remarks. A recording of the webcast and the slide presentation will be available at immediately following the conference call and will be accessible for one year. About Avient Our purpose at Avient Corporation (NYSE: AVNT) is to be an innovator of materials solutions that help our customers succeed, while enabling a sustainable world. Our local touch and customer engagement, combined with our global presence, allows us to serve customers with agility. We harness the collective strength of more than 9,000 employees worldwide to collaborate and build on each other's ideas. In doing so, we innovate solutions that help our customers overcome their challenges or capitalize on opportunities provided by the fast-changing world and secular trends. Our expanding portfolio of offerings includes colorants, advanced composites, functional additives, engineered materials, and Dyneema®, the world's strongest fiber™. By intersecting our broad portfolio of technologies with the product roadmaps of our customers, we help create differentiated and high-performance products that make the world better and more sustainable. Visit to learn more. To access Avient's news library online, please visit View original content to download multimedia: SOURCE Avient Corporation Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-05-2025
- Business
- Yahoo
Avient Board of Directors Appoints Ashish K. Khandpur as Chairman of the Board
CLEVELAND, May 14, 2025 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), an innovator of materials solutions, today announced that its Board of Directors has appointed Ashish K. Khandpur, Ph.D., Avient's President, Chief Executive Officer and Director, to serve in the additional role of Chairman of the Board, effective May 14, 2025. Dr. Khandpur succeeds Richard H. Fearon, who had served as Chairman of the Board of Directors since December 2023 and will continue to serve on the Board. "Since joining Avient, Ashish has made an immediate impact, effectively leading the company in developing and executing a new strategy to amplify innovation and deliver organic growth – the results of which we are already experiencing," said Mr. Fearon. "Ashish's appointment reinforces the Board's confidence in his leadership to generate long-term value creation for Avient stakeholders." Dr. Khandpur said, "I'm thankful for the Board's confidence and for Rick's recent leadership as Chairman as I began with the company. I look forward to continuing to work with our talented Board and our engaged leadership team to drive our new strategy and deliver ongoing organic growth on the topline with margin expansion on the bottom line." About Dr. Ashish K. Khandpur Dr. Khandpur serves as Chairman, President and CEO of Avient Corporation. He began his career in 1995 at 3M as a senior research engineer, thereafter ascending through a career path comprised of a variety of research and engineering roles while based in the U.S. and India. In 2014, he was appointed Chief Technology Officer, leading 3M's global team of over 8,000 scientists and engineers, while overseeing annual R&D investments of nearly $1.9 billion. In 2017, he was appointed to lead 3M's $5B Electronics & Energy Business Group, a position he held until 2019 when he was promoted Group President of the Transportation and Electronics Business Group. He holds a Bachelor's of Technology degree in Chemical Engineering from the Indian Institute of Technology, Delhi, and a Ph.D in Chemical Engineering from the University of Minnesota. He serves as a member of the Board of Directors of Constellation Energy Corporation and on the Dean's Advisory Board for the College of Science and Engineering at the University of Minnesota. About Avient Our purpose at Avient Corporation (NYSE: AVNT) is to be an innovator of materials solutions that help our customers succeed, while enabling a sustainable world. Our local touch and customer engagement, combined with our global presence, allows us to serve customers with agility. We harness the collective strength of more than 9,000 employees worldwide to collaborate and build on each other's ideas. In doing so, we innovate solutions that help our customers overcome their challenges or capitalize on opportunities provided by the fast-changing world and secular trends. Our expanding portfolio of offerings includes colorants, advanced composites, functional additives, engineered materials, and Dyneema®, the world's strongest fiber™. By intersecting our broad portfolio of technologies with the product roadmaps of our customers, we help create differentiated and high-performance products that make the world better and more sustainable. Visit to learn more. View original content to download multimedia: SOURCE Avient Corporation Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-02-2025
- Business
- Yahoo
Earnings Beat: Avient Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
It's been a good week for Avient Corporation (NYSE:AVNT) shareholders, because the company has just released its latest annual results, and the shares gained 2.1% to US$42.99. It looks like a credible result overall - although revenues of US$3.2b were in line with what the analysts predicted, Avient surprised by delivering a statutory profit of US$1.84 per share, a notable 14% above expectations. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Avient after the latest results. See our latest analysis for Avient Taking into account the latest results, Avient's six analysts currently expect revenues in 2025 to be US$3.29b, approximately in line with the last 12 months. Statutory earnings per share are forecast to reduce 6.2% to US$1.74 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$3.35b and earnings per share (EPS) of US$2.06 in 2025. The analysts seem less optimistic after the recent results, reducing their revenue forecasts and making a substantial drop in earnings per share numbers. Despite the cuts to forecast earnings, there was no real change to the US$56.00 price target, showing that the analysts don't think the changes have a meaningful impact on its intrinsic value. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic Avient analyst has a price target of US$70.00 per share, while the most pessimistic values it at US$50.00. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure. One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. It's pretty clear that there is an expectation that Avient's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 1.5% growth on an annualised basis. This is compared to a historical growth rate of 2.4% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 4.4% per year. Factoring in the forecast slowdown in growth, it seems obvious that Avient is also expected to grow slower than other industry participants. The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Avient. On the negative side, they also downgraded their revenue estimates, and forecasts imply they will perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates. Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have estimates - from multiple Avient analysts - going out to 2027, and you can see them free on our platform here. Before you take the next step you should know about the 1 warning sign for Avient that we have uncovered. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
16-02-2025
- Business
- Yahoo
Earnings Beat: Avient Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
It's been a good week for Avient Corporation (NYSE:AVNT) shareholders, because the company has just released its latest annual results, and the shares gained 2.1% to US$42.99. It looks like a credible result overall - although revenues of US$3.2b were in line with what the analysts predicted, Avient surprised by delivering a statutory profit of US$1.84 per share, a notable 14% above expectations. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Avient after the latest results. See our latest analysis for Avient Taking into account the latest results, Avient's six analysts currently expect revenues in 2025 to be US$3.29b, approximately in line with the last 12 months. Statutory earnings per share are forecast to reduce 6.2% to US$1.74 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$3.35b and earnings per share (EPS) of US$2.06 in 2025. The analysts seem less optimistic after the recent results, reducing their revenue forecasts and making a substantial drop in earnings per share numbers. Despite the cuts to forecast earnings, there was no real change to the US$56.00 price target, showing that the analysts don't think the changes have a meaningful impact on its intrinsic value. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic Avient analyst has a price target of US$70.00 per share, while the most pessimistic values it at US$50.00. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure. One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. It's pretty clear that there is an expectation that Avient's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 1.5% growth on an annualised basis. This is compared to a historical growth rate of 2.4% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 4.4% per year. Factoring in the forecast slowdown in growth, it seems obvious that Avient is also expected to grow slower than other industry participants. The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Avient. On the negative side, they also downgraded their revenue estimates, and forecasts imply they will perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates. Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have estimates - from multiple Avient analysts - going out to 2027, and you can see them free on our platform here. Before you take the next step you should know about the 1 warning sign for Avient that we have uncovered. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
