Methanex Corp expected to post earnings of 66cents a share - Earnings Preview

Methanex

25/10/2022 03:10

* Methanex Corp  MX.TO   is expected to show a fall in
quarterly
revenue when it reports  results on October 26. 
    * The Vancouver British Columbia-based  company is expected
to
report  a 7.7% decrease in revenue to $994.938 million from
$1.08 billion 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 66 cents 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
$50​, above​ its last closing price of C$46.17. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  1.47        1.57       1.16      Missed  -26
 Mar. 31 2022  2.01        2.01       2.16      Beat    7.4
 Dec. 31 2021  2.43        2.42       2.43      Beat    0.5​
 Sep. 30 2021  1.35        1.27       1.29      Beat    1.5
 ​​Jun.        1.15        1.17       1.24      Beat    5.9
 30 2021                                                
 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
 This summary was machine generated October 25 at 02:10 GMT.  All
figures in US dollars  unless otherwise stated