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Stock impact report

Here's Why Should You Add Methanex (MEOH) to Your Portfolio [Yahoo! Finance]

Methanex Corporation (MEOH) 
Last methanex corporation earnings: 1/29 05:01 pm Check Earnings Report
US:NASDAQ Investor Relations: methanex.com/investor-relations
Company Research Source: Yahoo! Finance
The stock offers an attractive investment opportunity with strong growth prospects. MEOH carries a Zacks Rank #2 (Buy). Positive Earnings Surprise History In the third quarter, Methanex exceeded expectations by reporting earnings of 2 cents per share, surpassing the Zacks Consensus Estimate of a loss of 8 cents. The company exceeded bottom-line forecasts in each of the past four quarters, showcasing an impressive earnings surprise of 53.4% on average. Healthy Growth Potential The Zacks Consensus Estimate for 2023 earnings is currently pegged at $2. The consensus estimate for current-year earnings has been revised upward by 7% in the past 60 days. An Outperformer Shares of MEOH are up 13.5% in a year compared with the industry's decline of 12.5% in the same period. Image Source: Zacks Investment Research Higher Methanol Demand, Geismar 3 to Aid MEOH In the third quarter, Methanex experienced a rise in methanol demand, attributing it to an improved market environment Show less Read more
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