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NEW YORK - Avient Corporation (NYSE:AVNT) the materials solutions company reported first quarter results that met analyst expectations and reaffirmed its full-year guidance on Tuesday.
The company’s shares gained 2.35% in premarket trading following the release.
Avient posted adjusted earnings per share of $0.76 in Q1, in line with the consensus estimate. Revenue came in at $826.6 million, slightly below analysts’ forecast of $830.8 million but up 2% organically year-over-year excluding foreign exchange impacts.
The company maintained its full-year 2025 adjusted EPS guidance range of $2.70 to $2.94, with the midpoint of $2.82 above the $2.78 consensus.
"I’m pleased with our team’s execution this quarter to deliver these results in a volatile and changing macro-economic backdrop," said CEO Dr. Ashish Khandpur. He noted that Avient achieved organic sales growth for the fourth consecutive quarter and expanded adjusted EBITDA margins by 20 basis points to 17.5%.
Looking ahead, Avient expects Q2 adjusted EPS of $0.79, representing 4% growth over the prior year quarter. The company cited continued volatility in demand but sees opportunities for growth in packaging and strength in defense and healthcare end markets.
While acknowledging economic uncertainty, management expressed confidence in Avient’s positioning, citing its localized sourcing and manufacturing model as limiting direct tariff impacts.
The company plans to pay down $100-$200 million in debt by year-end given its strong cash position and free cash flow expectations.
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