AI brief of an SEC Form 8-K · Avient (AVNT)

Avient Q3 sales rise 8% to $815.2 million; adjusted EPS tops guidance

Positive Impact 3 of 5 earnings Written later

Avient reported third quarter 2024 sales of $815.2 million, up from $753.7 million a year earlier, and GAAP diluted EPS from continuing operations of $0.41, up from $0.06. Adjusted EPS of $0.65 exceeded the company's $0.62 guidance and rose 14% from the prior year. The company narrowed its full-year 2024 adjusted EPS guidance to $2.63 to $2.67 from $2.55 to $2.70, and raised its dividend 5% to $1.08 annualized.

Key points

  • Third quarter sales rose 8% to $815.2 million from $753.7 million; GAAP diluted EPS was $0.41 versus $0.06
  • Adjusted EPS of $0.65 beat the $0.62 guidance and was up 14% from $0.57 in the prior year quarter
  • 2024 adjusted EPS guidance narrowed to $2.63 to $2.67 from $2.55 to $2.70; adjusted EBITDA guidance is $525 million to $530 million from $515 million to $540 million
  • Quarterly dividend increased 5% to $1.08 annualized, the fourteenth consecutive annual increase; investor day set for December 4 in New York

The filing

CompanyAvient (AVNT)
Form8-K, current report
Filed with the SECOct 31, 2024, 6:02 AM ET
Accession number0001122976-24-000062

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 31, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.