Methanex Corp expected to post earnings of 54 cents a share - Earnings Preview

Methanex

05/11/2024 08:08

* Methanex Corp  MX.TO   is expected to show a rise in
quarterly
revenue when it reports  results on November 6 for the period
ending September 30 2024
    * The Vancouver British Columbia-based  company is expected
to
report a 4.0% increase in revenue to $855.944 million from $823
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Methanex Corp is for
earnings
of 54 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
55.00​, above​ its last closing price of C$54.53. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.56        0.50       0.62      Beat    23.1
 Mar. 31 2024  0.39        0.42       0.65      Beat    56.6
 Dec. 31 2023  0.36        0.32       0.52      Beat    63.7​
 Sep. 30 2023  -0.07       -0.07      0.02      Beat    127.9
 ​​Jun.        0.56        0.58       0.60      Beat    3.4
 30 2023                                                
 Mar. 31 2023  1.00        1.02       1.11      Beat    8.8​
 Jan. 1 0001   0.46        0.51       0.73      Beat    41.9
 Sep. 30 2022  0.65        0.66       0.69      Beat    4.7
 This summary was machine generated November 5 at 08:07 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)