A Preview Of Avient's Earnings
Portfolio Pulse from Benzinga Insights
Avient (NYSE:AVNT) is set to release its latest quarterly earnings report on July 27, 2023. Analysts estimate an earnings per share (EPS) of $0.60. The company's past performance shows a pattern of share price drops following earnings beats. The stock is currently trading at $41.74, down 2.88% over the last 52-week period.
July 26, 2023 | 6:03 pm
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Avient's upcoming earnings report could impact its stock price. Past performance shows a trend of price drops following earnings beats. The stock is currently down 2.88% over the last 52 weeks.
Avient's stock price has historically dropped following earnings beats, suggesting that investors may have high expectations for the company's performance. If the upcoming earnings report does not meet these expectations, the stock price could potentially drop. The stock's negative performance over the last 52 weeks also indicates a bearish sentiment among long-term shareholders.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100