Methanex Corp expected to post earnings of 52 cents a share - Earnings Preview

Methanex

22/07/2024 23:56

* Methanex Corp  MX.TO   is expected to show a rise in
quarterly
revenue when it reports  results on July 24 (estimated) for the
period ending January 1 0001
    * The Vancouver British Columbia-based  company is expected
to
report a 3.0% increase in revenue to $966.905 million from $939
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Methanex Corp is for
earnings
of 52 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"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
$60.00​, below​ its last closing price of C$68.16. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.39        0.42       0.65      Beat    56.6
 Dec. 31 2024  0.36        0.32       0.52      Beat    63.7
 Sep. 30 2023  -0.07       -0.07      0.02      Beat    127.9​
 Jun. 30 2023  0.56        0.58       0.60      Beat    3.4
 ​​Mar.        1.00        1.02       1.11      Beat    8.8
 31 2023                                                
 Dec. 31 2022  0.46        0.51       0.73      Beat    41.9​
 Sep. 30 2022  0.65        0.66       0.69      Beat    4.7
 Jun. 30 2022  1.47        1.57       1.16      Missed  -26
 This summary was machine generated July 22 at 22:56 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)