Methanex Corp reports results for the quarter ended June 30 - Earnings Summary
Methanex Corp reports results for the quarter ended June 30 - Earnings Summary
Methanex Corp MX.TO reported quarterly adjusted earnings of $3.87 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 97 cents. The mean expectation of seven analysts for the quarter was for earnings of $3.99 per share. Wall Street expected results to range from $3.78 to $4.22 per share.
Revenue rose 75% to $1.40 billion from a year ago; analysts expected $1.46 billion.
Methanex Corp's reported EPS for the quarter was $2.45.
Methanex Corp shares had risen by 16.9% this quarter and gained 40.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 6.9% in the last three months.
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the commodity chemicals peer group is also "buy"
This summary was machine generated from LSEG data July 28 at 11:14 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 3.99 | 3.87 | Missed |
Mar. 31 2026 | 0.41 | 0.30 | Missed |
Dec. 31 2025 | 0.66 | -0.14 | Missed |
Sep. 30 2025 | 0.41 | 0.06 | Missed |
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Methanex Corp reports results for the quarter ended June 30 - Earnings Summary