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Avient Corp - AVNT STOCK NEWS

Welcome to our dedicated news page for Avient (Ticker: AVNT), a resource for investors and traders seeking the latest updates and insights on Avient.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Avient's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Avient's position in the market.

Rhea-AI Summary
Avient (AVNT) will release its first quarter 2024 earnings on May 7, 2024, followed by a webcast and slide presentation. Investors can view the live webcast at avient.com/investors and pre-register for the Q&A session.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.03%
Tags
-
Rhea-AI Summary
Avient Corporation (AVNT) reports fourth quarter and full year 2023 results, with GAAP EPS of $0.30 and $0.83, exceeding guidance. Adjusted EPS of $0.52 and $2.36 also surpass expectations. The company anticipates improved demand in key markets in 2024, with adjusted EPS expected to range from $2.40 to $2.65.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.73%
Tags
-
News
Rhea-AI Summary
Avient Corporation (AVNT) declares a quarterly cash dividend of $0.2575 per share on common stock, payable on April 5, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.14%
Tags
dividends
Rhea-AI Summary
Avient Corporation (NYSE: AVNT) to release fourth quarter 2023 earnings on February 14, 2024, and host webcast for investors and analysts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.84%
Tags
-
Rhea-AI Summary
Avient Corporation (NYSE: AVNT) appoints Dr. Ashish K. Khandpur as President and CEO, effective December 1, 2023. Richard H. Fearon becomes Non-Executive Chairman of the Board. Robert M. Patterson to remain in an advisory role until his retirement on May 31, 2024. Dr. Khandpur joins Avient after nearly three decades at 3M, where he led several different businesses, generating approximately $8.9B in revenue in 2022. The company's Board of Directors sees Dr. Khandpur as the right person to lead Avient at this stage of its journey, given his deep technical expertise and demonstrated commercial success in building and growing businesses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.23%
Tags
management
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Rhea-AI Summary
Avient Corporation reports third quarter 2023 sales of $754 million, down from $823 million in the prior year. GAAP EPS is $0.06, while adjusted EPS exceeds guidance at $0.57. The company updates its fourth quarter and full year adjusted EPS guidance to $0.47 and $2.30, respectively. Destocking is nearing an end in many end markets. Avient paid down $100 million of debt and refinanced its Term Loan, resulting in $10 million of annual interest expense savings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.4%
Tags
Rhea-AI Summary
Avient Corporation declares quarterly cash dividend and increases annualized dividend per share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.89%
Tags
dividends
-
Rhea-AI Summary
Avient Corporation to release Q3 2023 earnings on November 2, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
Avient Corporation announces virtual Sustainability Day for investment professionals on September 20, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.25%
Tags
none
Rhea-AI Summary
Avient Corporation has completed the repricing and extension of its senior secured term loan facility. The amendment reduced the interest rate on outstanding term loans and extended the maturity date to 2029. The company prepaid $100 million of the existing term loans, bringing the outstanding principal to $732 million. The net impact to interest expense is approximately $10 million annually.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.31%
Tags
none
Avient Corp

NYSE:AVNT

AVNT Rankings

AVNT Stock Data

3.81B
89.59M
1.9%
97.4%
1.15%
Plastics Material and Resin Manufacturing
Manufacturing
Link
US
Avon Lake

About AVNT

polyone corporation (nyse: pol) with annual revenues of $3.4 billion, is a leading global provider of specialized polymer materials, services and solutions. did you know that polyone... • employs more than 7,600 associates worldwide at: - more than 80 manufacturing and distribution facilities - over a dozen labs and innovation centers - sales and service locations on five continents • serves more than 10,000 global customers across a diverse range of industries. • offers its customers more than 35,000 polymer solutions. • has operations throughout north america, south america, europe, africa and asia. • enables customers in many industries to develop innovative products and services, improve performance and increase their competitiveness through collaboration. polyone corporation is a premier provider of specialized polymer materials, services and solutions. the company is dedicated to serving customers in diverse industries around the globe, by creating value through collaboration, in