MEOH Stock Recent News
MEOH LATEST HEADLINES
Methanex (MEOH) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $1.11 per share a year ago.
Methanex's (MEOH) robust operational performance and progress on strategic projects like Geismar 3 continue to push its shares to new highs.
Methanex (MEOH) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Methanex (MEOH) estimates that the total capital cost will not considerably exceed the higher end of the $1.3 billion capital cost guidance.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Methanex Corporation appears to be the methanol supply company with the greatest presence in international markets, reaching the Asian, North American, South American, and European markets. The new G3 project, two-year supply agreement, and repairs in Egypt contribute to the positive outlook. Natural gas infrastructure investments in Argentina may bring beneficial news in the coming years about production capacity and FCF growth.
Methanex Corporation (MEOH) Q4 2023 Earnings Call Transcript
Methanex's (MEOH) fourth-quarter results are aided by higher methanol sales volumes.
The headline numbers for Methanex (MEOH) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Methanex (MEOH), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2023.