Methanex Corp reports results for the quarter ended in June - Earnings Summary

Methanex

28/07/2022 24:25

* Methanex Corp  MX.TO  reported quarterly adjusted earnings
of
$1.16​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of $1.49 per share.
    * Revenue rose 6.5% to $1.14 billion from a year ago;
analysts
expected $1.13 billion. 
    * The mean earnings estimate of analysts had fallen by
about 18.9%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Methanex Corp shares had risen by 2.8% this quarter and
gained 1.1% so far this year.
    * The company reported quarterly net income of $125.08
million.
    * Wall Street's median 12-month price target for Methanex
Corp is
$59.00 
    * 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." 

This summary was machine generated from Refinitiv data July 27
at 11:25 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      1.49           1.16           Missed
 Mar. 31 2022      2.01           2.16           Beat
 Dec. 31 2021      2.42           2.43           Beat
 Sep. 30 2021      1.27           1.29           Beat