Methanex Corp expected to post earnings of $1.27 a share - Earnings Preview

Methanex

26/10/2021 01:02

* Methanex Corp  MX.TO   MX.TO  is expected to show a rise in
quarterly revenue when it reports results on October 27. 
* The Vancouver, British Columbia-based company is expected to
report  a 67.8% increase in revenue to $975.156 million from
$581.26 million a year ago, according to the mean estimate from
6 analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Methanex Corp is for
earnings of $1.27 per share. For the same quarter last year, the
company reported a loss of $1.03 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Methanex Corp
is $59​, about 4.3% above​ its last closing price
of C$56.46. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  1.15        1.17       1.24      Beat    5.9
 Mar. 31 2021  1.14        1.20       1.07      Missed  -10.8
 Dec. 31 2020  0.21        0.10       0.15      Beat    50​
 Sep. 30 2020  -0.87       -0.86      -1.03     Missed  -19.1
 Jun.          -0.82​      -0.96      -0.84     Beat    12.7​
 30​ 2020​                                              
 Mar. 31 2020  0.07        0.11       0.10      Missed  -8​
 Dec. 31 2019  -0.10       -0.02      0.13      Beat    649.9
 Sep. 30 2019  -0.11       -0.05      -0.27     Missed  -451
 This summary was machine generated October 26 at 00:02 GMT.  All
figures in US dollars unless otherwise stated