Avient Corporation Revised FY24 Adjusted EPS To $2.50-$2.65 (From $2.40-$2.65) Vs. $2.54 Estimate
Portfolio Pulse from Benzinga Newsdesk
Avient Corporation has updated its FY24 adjusted EPS guidance to $2.50-$2.65, from a previous range of $2.40-$2.65, compared to the analyst estimate of $2.54.
May 07, 2024 | 10:25 am
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Avient Corporation has revised its FY24 adjusted EPS guidance to a narrower range of $2.50-$2.65, from the earlier $2.40-$2.65, aligning closely with the analyst estimate of $2.54.
The revision of Avient Corporation's FY24 adjusted EPS guidance to a narrower range suggests a positive outlook and increased confidence in achieving these targets. This adjustment, which aligns closely with analyst expectations, could be viewed positively by investors, potentially leading to a short-term uptick in AVNT's stock price.
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