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Stock impact report

Methanex's (MEOH) Q1 Earnings & Revenues Surpass Estimates [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
Adjusted earnings per share (barring one-time items) in the reported quarter were 65 cents, topping the Zacks Consensus Estimate of 30 cents. Revenues fell roughly 11.8% year over year to $916 million in the quarter. The top line beat the Zacks Consensus Estimate of $908.5 million. Adjusted EBITDA in the reported quarter fell around 23.4% year over year to $160 million. The results were hurt by lower year-over-year average realized prices. Methanex Corporation Price, Consensus and EPS Surprise Methanex Corporation price-consensus-eps-surprise-chart | Methanex Corporation Quote Operational Highlights Production in the quarter totaled 1,721,000 tons, up 3.7% year over year, below our estimate of 1,994,000 tons. Production was, however, lower than the prior quarter, owing primarily to reduced production in New Zealand, which was slightly offset by increased production in Egypt. Total sales volume in the first quarter totaled 2,670,000 tons, down 4.8% year over year. The fi Show less Read more
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