NYSE$AVNT
Avient Corporation · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
Reported a decrease in sales but an increase in operating income and EPS due to improved margins and cost containment.
PolyOne reported a decrease in sales by 5% due to the COVID-19 pandemic, but an increase in operating income by 5% due to improved margins and cost containment actions. GAAP EPS from continuing operations increased to $0.38, and adjusted EPS (excluding the impact of additional shares) improved to $0.53.
- GAAP EPS from continuing operations was $0.38 compared to $0.29 in the prior year first quarter.
- Adjusted EPS from continuing operations (excluding the impact of additional shares) improved 23% to $0.53 compared to $0.43 in the prior year first quarter.
- Operating income increased 5% as improved margins in all segments and cost containment actions offset a 5% sales decline related to the COVID-19 pandemic
- Liquidity remains strong as the company finished the quarter with $1.28 billion in cash.
Headline financials
Revenue & EPS history
Avient · Revenue · Quarterly
$712M
Revenue by segment
Avient · $442M total across 2 segments · Q1 2020
- Color, Additives and Inks$257M-2.6%58.1%
- Specialty Engineered Materials$185M-2.4%41.9%
Forward guidance
Given the uncertainty in global markets, the company does not plan to provide specific guidance for the second quarter or the balance of the year at this time.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2020
+0.0%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+0.8%
Avg return
30 days after
55%
36 / 65 earnings
Positive
+12.7%
Q1 2016
Best reaction
-19.7%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +4.2% | -6.8% | -10.4% | |
| Q4 2025 | +2.4% | +5.3% | -16.1% | |
| Q3 2025 | -0.1% | -5.3% | -1.9% | |
| Q1 2025 | +4.9% | +8.2% | +6.9% | |
| Q4 2024 | +2.9% | +5.9% | -3.5% | |
| Q3 2024 | -4.9% | -0.7% | +5.6% | |
| Q2 2024 | +6.3% | +9.5% | +13.2% | |
| Q1 2024 | +1.5% | +2.3% | +1.4% | |
| Q4 2023 | +9.5% | +7.8% | +13.4% | |
| Q3 2023 | +8.0% | +3.4% | +12.9% | |
| Q2 2023 | -4.1% | -2.5% | -9.8% | |
| Q1 2023 | -3.0% | +1.6% | +3.4% | |
| Q4 2022 | +8.8% | +11.0% | -1.7% | |
| Q3 2022 | -19.7% | -16.2% | +1.9% | |
| Q2 2022 | -1.0% | -1.2% | +7.9% | |
| Q1 2022 | +11.0% | +8.1% | -2.6% | |
| Q4 2021 | +8.8% | +8.0% | +0.7% | |
| Q3 2021 | +0.7% | +2.8% | +7.3% | |
| Q2 2021 | -2.6% | -5.3% | +7.7% | |
| Q1 2021 | +3.6% | +5.9% | +3.5% | |
| Q4 2020 | -0.5% | +4.5% | +16.4% | |
| Q3 2020 | -3.6% | +1.5% | +15.3% | |
| Q2 2020 | -2.2% | -1.0% | +0.8% | |
| Q1 2020 | +1.8% | +8.9% | +22.6% | |
| Q4 2019 | +5.1% | -2.1% | -28.0% | |
| Q3 2019 | +3.0% | +1.6% | -0.3% | |
| Q2 2019 | +1.0% | +3.8% | -3.9% | |
| Q1 2019 | -7.5% | -8.9% | -15.4% | |
| Q4 2018 | +1.2% | +0.1% | +1.3% | |
| Q3 2018 | -12.5% | -11.6% | -6.2% | |
| Q2 2018 | -2.4% | -1.1% | -3.7% | |
| Q1 2018 | -2.1% | -6.4% | -3.3% | |
| Q4 2017 | -4.9% | -4.5% | -7.2% | |
| Q3 2017 | +7.7% | +6.4% | +8.0% | |
| Q2 2017 | -5.5% | -6.0% | -7.3% | |
| Q1 2017 | +4.9% | +3.5% | +0.9% | |
| Q4 2016 | +3.2% | +4.6% | +3.5% | |
| Q3 2016 | -5.6% | -6.3% | +5.5% | |
| Q2 2016 | -5.5% | -5.1% | -9.3% | |
| Q1 2016 | +12.7% | — | — | |
| Q4 2015 | -1.7% | — | — | |
| Q3 2015 | +0.1% | — | — | |
| Q2 2015 | -10.6% | — | — | |
| Q1 2015 | +1.8% | — | — | |
| Q4 2014 | -2.2% | — | — | |
| Q3 2014 | +1.1% | — | — | |
| Q2 2014 | +0.7% | — | — | |
| Q1 2014 | -1.1% | — | — | |
| Q4 2013 | +6.2% | — | — | |
| Q3 2013 | +0.9% | — | — | |
| Q2 2013 | +5.4% | — | — | |
| Q1 2013 | +5.1% | — | — | |
| Q4 2012 | -3.5% | — | — | |
| Q3 2012 | +8.1% | — | — | |
| Q2 2012 | -0.9% | — | — | |
| Q1 2012 | +2.7% | — | — | |
| Q4 2011 | -2.7% | — | — | |
| Q4 2009 | -2.7% | — | — | |
| Q3 2010 | -12.6% | — | — | |
| Q3 2011 | -12.6% | — | — | |
| Q2 2011 | -8.7% | — | — | |
| Q4 2010 | +0.9% | — | — | |
| Q1 2010 | +0.9% | — | — | |
| Q2 2010 | +0.9% | — | — | |
| Q1 2011 | +0.9% | — | — |
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