Methanex Corp expected to post earnings of $1.64 a share - Earnings Preview

Methanex

25/07/2022 23:09

* Methanex Corp  MX.TO   is expected to show a rise in
quarterly
revenue when it reports  results on July 27. 
    * The Vancouver British Columbia-based  company is expected
to
report  a 7.0% increase in revenue to $1.143 billion from $1.07
billion a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Methanex Corp is
for
earnings of $1.64 per share. For the same quarter last year, the
company reported earnings of $1.24 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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​, above​ its last closing price of C$50.94. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  2.01        2.01       2.16      Beat    7.4
 Dec. 31 2022  2.43        2.42       2.43      Beat    0.5
 Sep. 30 2021  1.35        1.27       1.29      Beat    1.5​
 Jun. 30 2021  1.15        1.17       1.24      Beat    5.9
 ​​Mar.        1.14        1.20       1.07      Missed  -10.8
 31 2021                                                
 Dec. 31 2020  0.21        0.10       0.15      Beat    50​
 Sep. 30 2020  -0.87       -0.86      -1.03     Missed  -19.1
 Jun. 30 2020  -0.82       -0.96      -0.84     Beat    12.7
 This summary was machine generated July 25 at 22:09 GMT.  All
figures in US dollars  unless otherwise stated