The beat is small and guidance unchanged, so the stock may see a modest positive move but not a re-rating. Watch Q2 guidance on the next call for any demand inflection; tariffs and macro uncertainty remain risks.
Price Chart
Executive Summary
Avient reported Q1 2026 adjusted EPS of $0.83, beating the $0.81 consensus by 2.5%, on revenue of $847.4M (in line with $846.3M estimate). Full-year adjusted EPS guidance of $2.93-$3.17 was maintained. The beat was modest and driven by productivity gains, but organic sales growth was only ~1% ex-FX, and guidance unchanged caps upside.
Key Financial Metrics
Key Facts
- Q1 2026 adjusted EPS $0.83 vs consensus $0.81 (beat 2.5%)
- Q1 2026 revenue $847.4M vs consensus $846.3M (in line)
- Q1 2026 GAAP EPS $0.61 vs ($0.22) YoY, driven by prior-year special items
- Full-year 2026 adjusted EPS guidance maintained at $2.93-$3.17 (unchanged)
- Adjusted EBITDA margin expanded 20 bps YoY to 17.7%
- Operating cash flow was -$34.5M in Q1 vs -$51.1M YoY (still negative)
Financial Impact
Modest beat of ~$0.02 on EPS with revenue roughly in line; no guidance change limits further upside.
Risk Factors
- Full-year guidance unchanged despite Q1 beat, implying caution on H2
- Negative operating cash flow in Q1 due to working capital build
- Currency headwinds (5% favorable FX in Q1 could reverse)
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001122976-26-000091 |
| Document: avnt-20260507.htm | 0001122976-26-000091 |
| Document: 0001122976-26-000091-index-headers.html | 0001122976-26-000091 |
| Document: 0001122976-26-000091-index.html | 0001122976-26-000091 |
| Document: 0001122976-26-000091.txt | 0001122976-26-000091 |
| 8-K Data (Synthetic) | 0001122976-26-000091 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 13, 2026 14d ago | 3 | $38.85 | awaiting T+60 | — | $42.43 (+9.21%) |
Oct 9, 2026 18d ago | 8-K | $37.79 | awaiting T+60 | — | $42.43 (+12.28%) |
Oct 1, 2026 26d ago | Press Release | $41.17 | awaiting T+60 | — | $42.43 (+3.06%) |
May 7, 2026 24w ago | 8-K | $36.52 $37.39 | ▲ +2.38% | ▼ −1.45% | $42.43 (+16.18%) |
Apr 27, 2026 26w ago | 8-K | $37.16 $37.36 | ▲ +0.54% | ▼ −4.24% | $42.43 (+14.18%) |
Mar 27, 2026 30w ago | DEFA14A | $35.55 $36.57 | ▲ +2.87% | ▼ −13.20% | $42.43 (+19.35%) |
US Market Status
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