Avient Corp (NYSE:AVNT) shares are soaring 5.88% in Tuesday's pre-market trading session following the release of its first-quarter 2025 earnings report. The specialty materials company reported adjusted earnings per share of $0.76, meeting analyst expectations and maintaining the same level as the previous year.
While Avient's quarterly sales of $826.6 million fell slightly short of the $827.1 million analyst consensus, representing a marginal 0.29% decrease from the $829 million reported in the same period last year, investors appear to be focusing on the company's steady performance and positive outlook.
In a key development, Avient has maintained its full-year 2025 adjusted EPS guidance range of $2.70 to $2.94, demonstrating confidence in its business outlook despite ongoing economic uncertainties. The company also provided second-quarter 2025 adjusted EPS guidance of $0.79, aligning closely with analyst expectations.
Robert M. Patterson, Chairman, President and Chief Executive Officer of Avient Corporation, commented on the results, stating, "Our first quarter results were in line with our expectations, and we are maintaining our full-year guidance. We continue to see stability in our end markets and are well-positioned to capitalize on growth opportunities as they arise."
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