Reports Q2 revenue $824.4M, consensus $842.97M. “Adjusted EPS for the second quarter exceeded our guidance as a result of favorable margins in both segments,” said Robert Patterson, chairman, president, and CEO, Avient Corporation. “Compared to our prior adjusted EPS expectations, raw material deflation as well as improving mix from composites and sustainable solutions positively impacted the quarter and more than offset weaker demand conditions.”
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on AVNT: