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Avient (AVNT)
NYSE:AVNT
Earnings Data
Report Date
Apr 24, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.76Last Year’s EPS
0.76Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 13, 2025
|% Change Since: 3.98%
|Next Earnings Date:Apr 24, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mix of achievements and challenges. Avient successfully delivered organic revenue growth and margin expansion, launched significant innovations, and maintained a strong safety record. However, the discontinuation of the ERP project and the negative impacts from currency fluctuations and variable compensation posed challenges. The new healthcare and defense innovations provide promising growth opportunities, but the significant ERP-related charges and FX headwinds weigh on the outlook.Company Guidance
During Avient Corporation's 2024 fourth-quarter earnings call, the company highlighted several key financial metrics and strategic initiatives. Organic sales for the year increased by 4%, with the Color, Additives, and Inks (CAI) segment growing by 3% and the Specialty Engineered Materials (SEM) segment by 6%. Both segments also experienced adjusted EBITDA margin expansions, with CAI increasing by 90 basis points and SEM by 110 basis points. Overall adjusted EBITDA margins for the company expanded by 20 basis points to 16.2%, and adjusted EPS grew by 13%, factoring in foreign exchange impacts. Avient announced a 5% dividend increase, marking the 14th consecutive year of dividend growth. For 2025, the company projected adjusted EBITDA between $540 million and $570 million and adjusted EPS ranging from $2.70 to $2.94, anticipating an 11% growth excluding foreign exchange impacts. The call also emphasized Avient's new strategic focus on innovation and sustainability, including the launch of the Dyneema-HB330 and Dyneema-HB332 products for defense applications, which offer superior ballistic protection. Additionally, the company made a significant decision to halt the implementation of the S/4HANA ERP system, resulting in a noncash impairment charge of approximately $71 million, favoring alternative solutions to achieve similar benefits at lower costs.Organic Revenue Growth and Margin Expansion
Avient achieved 4% organic revenue growth for the full year 2024, with both business segments (CAI and SEM) experiencing growth and margin expansion. Adjusted EBITDA margins expanded by 20 basis points to 16.2%.
New Innovation in Dyneema Portfolio
Avient launched a third-generation technology of Dyneema, offering unmatched ballistic protection and thermal performance. This innovation is up to 45% lighter for law enforcement and introduces new applications for military personnel.
Record Safety Performance
2024 was a record year for safety at Avient, with the lowest injury incident rate in the company's history.
Dividend Increase
Avient increased its dividend by 5%, marking the 14th consecutive year of annual dividend growth.
Strong Healthcare Segment Performance
Healthcare applications saw double-digit growth in 2024, driven by new business in remote monitoring devices and continuous glucose monitoring devices.
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AVNT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AVNT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 13, 2025 | $41.74 | $42.95 | +2.90% |
| Oct 31, 2024 | $48.25 | $46.35 | -3.94% |
| Aug 06, 2024 | $40.39 | $44.37 | +9.85% |
| May 07, 2024 | $43.69 | $45.53 | +4.21% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Avient (AVNT) report earnings?
Avient (AVNT) is schdueled to report earning on Apr 24, 2025, TBA Not Confirmed.
What is Avient (AVNT) earnings time?
Avient (AVNT) earnings time is at Apr 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AVNT EPS forecast?
AVNT EPS forecast for the fiscal quarter 2025 (Q1) is 0.76.
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