Overview

• U.S. materials solutions provider's Q1 sales grew 3%, slightly beating analyst expectations

• Adjusted EPS for Q1 rose 9% and beat analyst expectations

• Company maintained full-year adjusted EPS guidance

Outlook

• Avient expects Q2 adjusted EPS of $0.89

• Company maintains 2026 full-year adjusted EPS guidance of $2.93 to $3.17

• Avient says outlook for second half of 2026 is less certain due to macroeconomic factors

Result Drivers

• PRODUCTIVITY IMPROVEMENT - Co said strong execution on productivity improvement contributed to results

• COST CONTROL - Disciplined cost control supported margin expansion

• INFLATION MITIGATION - Co said it worked to mitigate inflation costs from the Middle East situation and macro-economic uncertainty

Company press release: ID:nPn4RVrqLa

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q1 Sales	Slight Beat*	$847.40 mln	$847.36 mln (7 Analysts)
Q1 Adjusted EPS	Beat	$0.83	$0.81 (9 Analysts)
Q1 EPS		$0.61
Q1 Operating Income		$95.80 mln

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the specialty chemicals peer group is "buy"

• Wall Street's median 12-month price target for Avient Corp is $48.50, about 28.2% above its May 6 closing price of $37.84

• The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

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