Avient reports Q3 adjusted EPS 57c, consensus 56c

Reports Q3 revenue $753.7M, consensus $788.58M. “Adjusted EPS for the third quarter of $0.57 was slightly ahead of our guidance of $0.56,” said Robert Patterson, chairman, president, and CEO, Avient Corporation. “Versus our projections, lower depreciation expense, related to prior restructuring actions, and reduced interest expense more than offset the impact of lower sales.”