Financial Performance - Sales decreased by $2.4 million, or 0.3%, to $826.6 million for the three months ended March 31, 2025, with unfavorable foreign currency impacts of 2.1%[65] - Gross margin as a percentage of sales was 31.8% for the three months ended March 31, 2025, down from 33.6% in the same period of 2024, primarily due to higher restructuring charges of $7.7 million[66] - Selling and administrative expenses increased by $78.3 million, driven by a $71.6 million impairment charge related to the cloud-based ERP system[67] - Operating income plummeted to $0.7 million, a decrease of $93.3 million or 99.3%, compared to $94.0 million in the prior year[64] - Net loss attributable to Avient common shareholders was $20.2 million, compared to net income of $49.4 million in the prior year, marking a decrease of $69.6 million or 140.9%[64] Cash and Debt Management - As of March 31, 2025, cash and cash equivalents totaled $456.0 million, down from $544.5 million at the end of 2024[81] - The company expects to meet cash requirements for 2025 through cash on hand, cash from operations, and available liquidity under its revolving credit facility[82] - Total debt maturities amount to $2,099.2 million, with a significant portion due in 2029[87] - The company was in compliance with all financial and restrictive covenants related to its debt as of March 31, 2025[88] Risks and Uncertainties - The company emphasizes that forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from projections[92] - There are no material changes to exposures to market risk as reported in the Annual Report for the year ended December 31, 2024[95] - The company highlights potential disruptions in credit markets that could impact the availability and cost of credit in the future[94] - Currency fluctuations and political risks may affect foreign operations, impacting overall performance[94] - The company faces risks related to supply chain disruptions and inefficiencies that could affect operations[94] - Changes in laws and regulations, particularly regarding plastics and climate change, could impact business operations[94] - The company is monitoring fluctuations in raw material prices and energy supply, which could affect production costs[94] - There are concerns regarding the ability to pay regular quarterly cash dividends and the timing of future dividends[94] - Cybersecurity threats and information systems failures pose risks to operational integrity[94] - The company acknowledges that external factors, such as geopolitical conflicts and economic conditions, could impact business performance[94] Segment Performance - The Color, Additives and Inks segment saw a sales increase of $4.4 million, or 0.9%, while the Specialty Engineered Materials segment experienced a sales decline of $6.0 million, or 1.9%[73][77]

For the quarter ended March 2025, Avient (AVNT) reported revenue of $826.6 million, down 0.3% over the same period last year. EPS came in at $0.76, compared to $0.76 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $833.46 million, representing a surprise of -0.82%. The company delivered an EPS surprise of +1.33%, with the consensus EPS estimate being $0.75.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street exp ...

Avient (AVNT) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.76 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.33%. A quarter ago, it was expected that this maker of resins used in plastic pipe and other products would post earnings of $0.48 per share when it actually produced earnings of $0.49, delivering a surprise of 2.08%.Over ...

Avient (AVNT) Q1 2025 Earnings Call May 06, 2025 08:00 AM ET Speaker0 Good day, ladies and gentlemen, and welcome to the Avient Corporation's webcast to discuss the company's first quarter twenty twenty five results. My name is Tanya, and I will be your operator for today. At this time, all participants are in a listen only mode. We will have a question and answer session following the company's prepared remarks. As a reminder, this conference is being recorded for replay purposes. I would now like to turn ...

Avient Corporation AVNT Q1 2025 results 2025 full-year financial guidance MAY 6, 2025 A reconciliation of each historical non-GAAP financial measure with the most directly comparable GAAP financial measure is attached to this presentation which is posted on our website at www.avient.com. Avient does not provide reconciliations of forward-looking non-GAAP financial measures, such as outlook for Adjusted EBITDA and Adjusted Earnings Per Share, to the most comparable GAAP financial measures on a forward- looki ...

First quarter sales of $827 million, reflects 2% organic growth over the prior year quarter, excluding the impact of foreign exchange First quarter GAAP EPS of ($0.22) compared to $0.54 in the prior year quarter First quarter adjusted EPS of $0.76, in-line with guidance; growth of 4% over the prior year quarter, excluding an unfavorable impact of $0.03 from foreign exchange 2025 full year adjusted EPS guidance range of $2.70 to $2.94, unchanged from prior guidanceCLEVELAND, May 6, 2025 /PRNewswire/ -- Avie ...

NEWS RELEASE FOR IMMEDIATE RELEASE Avient Announces First Quarter 2025 Results CLEVELAND – May 6, 2025 – Avient Corporation (NYSE: AVNT), an innovator of materials solutions, today announced its first quarter results for 2025. The company reported first quarter sales of $826.6 million compared to $829.0 million in the prior year quarter. First quarter GAAP earnings per share (EPS) were ($0.22) compared to $0.54 in the prior year quarter. The company noted that first quarter 2025 GAAP EPS includes special it ...

Avient (AVNT) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 6. On the oth ...

Avient (AVNT) shares soared 13.7% in the last trading session to close at $32.89. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 28.1% loss over the past four weeks.The rally in AVNT was fueled by a broader rise in material stocks after President Trump paused reciprocal tariffs for most countries for 90 days.This maker of resins used in plastic pipe and other products is expected to post quarterly earnings of $0.76 per share in ...

CLEVELAND, April 3, 2025 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), an innovator of materials solutions, intends to release its first quarter 2025 earnings before the market opens on Tuesday, May 6, 2025.  The company will then host a webcast with a slide presentation at 8:00 a.m. Eastern Time on Tuesday, May 6, 2025.The webcast can be viewed live at avient.com/investors, or by clicking on the webcast link here.  Conference call participants in the question and answer session should pre-register using ...