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Avient sees Q2 adjusted EPS 60c, consensus 61c
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Avient sees Q2 adjusted EPS 60c, consensus 61c

Sees Q2 revenue $845M, consensus $874.21M. The company noted global demand conditions continue to be challenged by negative consumer sentiment, rising interest rates and inflation. "In Europe and the Americas, customers remain cautious and are managing inventory levels tightly while China’s re-opening is progressing at a measured pace," said Jamie Beggs, senior VP and CFO, Avient Corporation. "Accordingly, we expect second quarter sales and adjusted EPS of $845 million and $0.60, respectively, which reflects slightly higher margins than we projected at the beginning of the year," Beggs continued.

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