What is Avient's latest dividend and current dividend yield?

What is Avient's gross profit margin?

What were the key takeaways from Avient's earnings call?

What does Avient do and what are its main business segments?

What is the revenue and EPS growth rate for Avient year over year?

What guidance did Avient's management provide for the next earnings period?

What were the key takeaways from Avient’s earnings call?

Did Avient beat or miss consensus estimates last quarter?

- **Q3 Financial Resilience**: Adjusted EPS of $0.70 maintained despite 8.5% revenue decline, driven by $40M productivity savings and 60bp margin expansion.
- **Segment Growth**: Defense, healthcare, and telecom grew high single-digits, offsetting consumer and packaging weakness.
- **2026 Strategy**: SEM innovation to drive growth, with cautious optimism for low single-digit Q4 sales recovery in defense/energy.
- **Risk Management**: $150M debt reduction and 2.5x debt target to strengthen balance sheet amid macro uncertainty.

**【CEO Summary Section】**
- Q3 adjusted EPS of $0.70, in line with expectations, despite 8.5% YoY revenue decline due to weaker-than-anticipated sales.
- Organic revenue growth of 4.1% year-to-date, driven by 7.7% adjusted EPS growth, supported by $40 million in productivity savings.
- Defense, healthcare, and telecommunications segments grew high single-digits, offsetting declines in consumer, packaging, and industrial markets.
- Gross margin expansion of 60 basis points to 16.5% through cost containment and portfolio prioritization.
- Cautious optimism for Q4, with potential for low single-digit sales growth in defense and energy, but risks from U.S. government shutdown and global macro uncertainty.

**【CFO Financial Commentary】**
- GAAP net income of $420 million, Non-GAAP EPS of $1.08, exceeding expectations.
- Adjusted EBITDA of $540-$550 million for the year, with $190-$210 million free cash flow.
- Debt reduction of $150 million year-to-date, targeting 2.5x net debt/EBITDA by mid-2026.
- Cost control initiatives, including Lean Six Sigma and plant footprint optimization, driving 40 basis points of margin expansion.

**【Q&A Key Highlights】**
- **Consumer Recovery**: September saw 1% YoY growth in consumer sales, driven by staples and SEM demand, but Q4 outlook remains cautious.
- **Packaging Trends**: Asia packaging growth (+1%) offset EMEA and U.S. declines, with semiconductor-driven demand in Asia.
- **Defense & Healthcare Growth**: SEM segment expected to grow in Q4, supported by new Dyneema products and defense spending.
- **Competitive Intensity**: Color business facing overcapacity, but margin expansion through solution-based sales and innovation.
- **2026 Outlook**: SEM growth to offset CAI headwinds, with productivity initiatives to mitigate wage inflation risks.

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