Methanex's (MEOH) Q1 Earnings & Revenues Surpass Estimates
MEOHMethanex(MEOH) Zacks Investment Research·2024-04-25 19:01

Methanex Corporation (MEOH) logged a first-quarter 2024 profit (attributable to shareholders) of 53millionor77centspershare,downfrom53 million or 77 cents per share, down from 60 million or 87 cents per share in the year-ago quarter. 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 916millioninthequarter.ThetoplinebeattheZacksConsensusEstimateof916 million in the quarter. The top line beat the Zacks Consensus Estimate of 908.5 million. Adjusted EBITDA in the repor ...