Quarterly ResultMay 7, 2026, 06:13 AM
Avient Q1 Sales $847M, Adjusted EPS $0.83; Maintains FY26 Guidance
AI Summary
Avient Corporation announced strong first quarter 2026 results, with sales growing 3% to $847 million and adjusted EPS of $0.83, surpassing its guidance. The company demonstrated strong execution, driving productivity improvements and disciplined cost control, which led to an expansion of adjusted EBITDA margins to 17.7%. Despite ongoing macro-economic uncertainty, Avient maintained its full-year adjusted EPS guidance of $2.93 to $3.17 and adjusted EBITDA guidance of $555 million to $585 million, while also projecting 11% growth in Q2 adjusted EPS.
Key Highlights
- Q1 sales grew 3% to $847 million, including a 5% favorable foreign exchange impact.
- Q1 GAAP EPS was $0.61, significantly up from ($0.22) in the prior year quarter.
- Q1 adjusted EPS of $0.83 exceeded guidance of $0.81, growing 9% over the prior year quarter.
- Adjusted EBITDA margins expanded by 20 basis points to 17.7%.
- Forecasts Q2 adjusted EPS of $0.89, an 11% growth over the prior year quarter.
- Maintains full year adjusted EPS guidance of $2.93 to $3.17.
- Maintains full year adjusted EBITDA guidance of $555 million to $585 million.
- Color, Additives and Inks segment sales were $528.1 million.