Avient Corporation (NYSE: AVNT) has announced that it will be unveiling its third quarter financial results on Thursday 31st October 2024. This announcement is set to occur before market open, allowing investors and analysts to gain valuable insights into the company's performance during the quarter.
Based on the predictions of financial experts on Wall Street, the concern is expected to reveal an anticipated $0.63 profit per share for the quarter. Additionally, the firm is poised to disclose a total revenue of $797.48 million for the quarter.
Wall street analysts expect the company to generate a total revenue of $3.23 billion for the entire year. Additionally, these analysts also foresee the company achieving an estimated profit of $2.64 per share for the fiscal year.
During the equivalent quarter of the preceding year, the company's financial report highlighted a per-share income of $0.57. This significant amount was the outcome of the company's total revenue, which reached an impressive $753.7 million during that particular timeframe.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.76 | +20.6% | 849.70 M | +3.1% |
| Q1 2024 | $0.76 | +20.6% | 829.00 M | -2.0% |
| Q4 2023 | $0.52 | +33.3% | 719.00 M | -9.0% |
| Q3 2023 | $0.57 | -3.4% | 753.70 M | -8.5% |
| Q2 2023 | $0.63 | -35.7% | 824.40 M | -36.7% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 31st October 2024 at 08:00 AM eastern time to discuss Q3 financial results.
Throughout Tuesday's trading, Avient Corporation (AVNT) shares fluctuated between $48.15 and $49.01, with a trading volume of 481.40 thousand shares. The stock ended the regular trading session at $48.96, indicating a rise of 0.08 percent.
