Methanex Corp expected to post earnings of $2.47 a share - Earnings Preview

Methanex

24/01/2022 21:06

* Methanex Corp  MX.TO   is expected to show a rise in
quarterly
revenue when it reports  results on January 26. 
    * The Vancouver British Columbia-based  company is expected
to
report  a 51.5% increase in revenue to $1.229 billion from
$811.32 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 $2.47 per share. For the same quarter last year, the
company reported earnings of 15 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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
$56​, about 0.4% below​ its last closing price of C$56.20. ​​​
    * 

This summary was machine generated January 24 at 21:06 GMT.  All
figures in US dollars  unless otherwise stated