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AVNT

Avient Corp

$39.17

Earnings Summary

Revenue
$1229.1Mn
Net Profits
$28.6Mn
Net Profit Margins
2.33%
PE Ratio
47.34

Highlights

Revenue:

Avient Corp’s revenue jumped 55.5% since last year same period to $1229.1Mn in the Q4 2023. On a quarterly growth basis, Avient Corp has generated 63.08% jump in its revenue since last 3-months.

Net Profits:

Avient Corp’s net profit jumped 272.29% since last year same period to $28.6Mn in the Q4 2023. On a quarterly growth basis, Avient Corp has generated 460.78% jump in its net profits since last 3-months.

Net Profit Margins:

Avient Corp’s net profit margin jumped 210.79% since last year same period to 2.33% in the Q4 2023. On a quarterly growth basis, Avient Corp has generated 243.88% jump in its net profit margins since last 3-months.

PE Ratio:

Avient Corp’s price-to-earnings ratio after this Q4 2023 earnings stands at 47.34.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Avient Corp post its latest quarter earnings

EPS Estimate Current Quarter
0.68
EPS Estimate Current Year
0.68

Highlights

EPS Estimate Current Quarter:

Avient Corp’s earning per share (EPS) estimates for the current quarter stand at 0.68 - a 41.67% jump from last quarter’s estimates.

EPS Estimate Current Year:

Avient Corp’s earning per share (EPS) estimates for the current year stand at 0.68.

Key Ratios

Key ratios of the Avient Corp post its Q4 2023 earnings

Earning Per Share (EPS)
0.52
Return on Assets (ROA)
0.03
Return on Equity (ROE)
0.03
Dividend Per Share (DPS)
0.26

Highlights

Earning Per Share (EPS):

Avient Corp’s earning per share (EPS) jumped 33.33% since last year same period to 0.52 in the Q4 2023. This indicates that the Avient Corp has generated 33.33% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Avient Corp’s return on assets (ROA) stands at 0.03.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Avient Corp’s return on equity (ROE) stands at 0.03.

Dividend Per Share (DPS):

Avient Corp declared 0.26 dividend per share during the earnings announcement for Q4 2023.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2023-11-02
0.56
0.57
1.79%
2023-07-27
0.6
0.63
5%
2023-05-03
0.55
0.63
14.55%
2024-02-14
0.48
0.52
8.33%