Methanex's (MEOH) Q1 Earnings & Revenues Surpass Estimates
Methanex(MEOH) Zacks Investment Research·2024-04-25 19:01
Methanex Corporation (MEOH) logged a first-quarter 2024 profit (attributable to shareholders) of $53 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 $916 million in the quarter. The top line beat the Zacks Consensus Estimate of $908.5 million.Adjusted EBITDA in the reported ...