2023-05-03 06:34:25 ET
- Avient press release ( NYSE: AVNT ): Q1 Non-GAAP EPS of $0.63 beats by $0.08 .
- Revenue of $845.7M (-5.2% Y/Y) beats by $2.54M .
- "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," Ms. Beggs said. "On a full year basis, we are maintaining our previous guidance of adjusted EBITDA and EPS of $530 million and $2.40. This factors in a more conservative growth rate in the second half of the year in light of the present macroeconomic environment."
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Avient Non-GAAP EPS of $0.63 beats by $0.08, revenue of $845.7M beats by $2.54M