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

Methanex

28/04/2022 24:20

* Methanex Corp  MX.TO  reported quarterly adjusted earnings
of
$2.16​​ per share for the quarter ended in March. The mean
expectation of ten analysts for the quarter was for earnings of
$2.01 per share.
    * Revenue rose 15.8% to $1.18 billion from a year ago; 
analysts
expected $1.18 billion. 
    * Methanex Corp's reported EPS for the quarter was $1.60​.
    * The mean earnings estimate of analysts had risen by
about 2.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Methanex Corp shares had fallen by 9.5% this quarter and
gained 23.3% so far this year.
    * The company reported quarterly net income of $118.52
million.
    * Wall Street's median 12-month price target for Methanex
Corp is
$58.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated April 27 at 11:20 p.m.  ​All
figures in US dollars unless otherwise stated