Benzinga | Jul 22, 2020 06:45AM EDT

Avient Q2 Adj. EPS $0.39 Beats $0.27 Estimate, Sales $609.10M Miss $635.84M Estimate

Avient (NYSE:AVNT) reported quarterly earnings of $0.39 per share which beat the analyst consensus estimate of $0.27 by 44.44 percent. This is a 47.3 percent decrease over earnings of $0.74 per share from the same period last year. The company reported quarterly sales of $609.10 million which missed the analyst consensus estimate of $635.84 million by 4.21 percent. This is a 32.61 percent decrease over sales of $903.80 million the same period last year.