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Avient Provides 4Q 2020 Updates

Board of Directors approves a 5 million increase in the number of shares available for share repurchase.

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By: Anthony Locicero

Copy editor, New York Post

Avient Corporation provided estimates on its fourth-quarter financial performance and other business updates.    Pro forma for the acquisition of Clariant Masterbatch, the company noted sales for October and November increased 5.4% over the same months in the prior year.    With the increase in sales experienced so far, the company is increasing its adjusted EPS expectation to $0.48 for the fourth quarter, which compares to its previous adjusted EPS outlook of $0.40 and prior year adjust...

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