Avient backs FY23 adjusted EPS view $2.40, consensus $2.42

Backs FY23 revenue view $3.3B, consensus $3.39B. “We are maintaining our full year adjusted EPS guidance of $2.40 on lower estimated sales of $3.3 billion,” said Mr. Patterson. “We have remained consistent in our view all year that to the extent demand conditions weakened further, we would be able to offset that with strength in composites, improving margins and cost reductions.”