Avient announces fourth quarter and full year 2023 results
Fourth quarter and full year gaap eps of $0.30 and $0.83 compared to $(0.19) and $0.90 from continuing operations in the prior year fourth quarter and full year adjusted eps of $0.52 and $2.36 exceeds guidance of $0.47 and $2.30 as a result of favorable sales as well as lower net interest expense fourth quarter adjusted eps increased 24% over the prior year pro forma adjusted eps primarily driven by improved margins from positive portfolio mix, raw material deflation and cost reduction actions 2024 full year adjusted eps expected to range from $2.40 to $2.65 as destocking comes to an end and underlying demand starts to improve cleveland , feb. 14, 2024 /prnewswire/ -- avient corporation (nyse: avnt), a leading provider of specialized and sustainable materials solutions, today announced its fourth quarter and full year results for 2023. fourth quarter and full year gaap earnings per share (eps) were $0.30 and $0.83, compared to $(0.19) and $0.90 from continuing operations in the prior year, respectively.
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