NYSE$AVNT
Avient Corporation · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
Achieved better-than-expected results driven by the Specialty Engineered Materials segment, including record operating income from Advanced Composites platform.
PolyOne Corporation reported better-than-expected fourth-quarter results, driven by the Specialty Engineered Materials segment. The company's adjusted EPS for the full year increased by 12%, marking the tenth consecutive year of adjusted EPS growth. The company also announced transformative portfolio improvements by divesting the Performance Products and Solutions (PP&S) segment and signing a definitive agreement to acquire Clariant Masterbatch business.
- GAAP EPS from continuing operations was $0.08, compared to a loss of $0.02 in the prior year's fourth quarter.
- Adjusted EPS from continuing operations increased to $0.34 from $0.24 in the prior year's fourth quarter.
- The Specialty Engineered Materials segment drove the better-than-expected results, including record operating income from the Advanced Composites platform.
- The company reported 12% adjusted EPS growth for the full year.
Headline financials
Revenue & EPS history
Avient · Revenue · Quarterly
$659M
Revenue by segment
Avient · $386M total across 3 segments · Q4 2019
- Color, Additives and Inks$227M-5.9%58.7%
- Specialty Engineered Materials$178M+17.9%46.0%
- Corporate-$18M—-4.7%
Forward guidance
The company embarks on the new year with clear momentum and confidence in its ability to deliver double-digit adjusted EPS growth in 2020 and beyond. With a more specialty portfolio and less exposure to cyclical end markets, the company believes its best days are ahead.
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 Q4 2019
+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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