💨 Abstract

Avient Corp reported second-quarter net income of $52.6 million, or 57 cents per share, easily beating analyst estimates. Revenue reached $866.5 million, exceeding projections. Adjusted earnings, excluding certain costs, came in at 80 cents per share, surpassing expectations of 78 cents. Despite strong earnings, shares have dropped 23% this year and 30% in the past 12 months.

Courtesy: WTOP Staff