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Avient backs FY25 adjusted EPS view $2.77-$2.87, consensus $2.79

Lowers FY25 adjusted EBITDA view to $540M-$550M from $545M-$560M. “Taking into account the third quarter results and current customer order patterns, we are updating our full-year guidance range for adjusted EBITDA to $540 to $550 million,” added Beggs. “Lower interest expense from paying down debt and a favorable tax benefit in the third quarter are offsetting the slightly lower adjusted EBITDA range, allowing us to maintain our previous adjusted EPS guidance range of $2.77 to $2.87. Furthermore, we expect to reduce debt in total by $150 million by year-end, having repaid $100 million through the third quarter.”

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