Methanex (MEOH) reports Q4 earnings of $1.24 per share, beating estimates.

From NASDAQ.: 2025-01-29 19:55:02

Methanex (MEOH) reported quarterly earnings of $1.24 per share, surpassing the Zacks Consensus Estimate of $1.01 per share and marking a 22.77% earnings surprise. The company’s revenues for the quarter were $949 million, missing estimates by 7.29%. Methanex shares have declined by 1.8% this year, underperforming the S&P 500.

Despite underperformance, the company’s earnings outlook remains favorable, with a Zacks Rank #2 (Buy) indicating expected outperformance in the near future. Investors should monitor estimate revisions and industry outlook, as these factors can impact stock performance. Methanex’s current consensus EPS estimate is $1.11 for the next quarter.

LyondellBasell (LYB) is yet to report its quarterly results, with expectations of $0.75 per share earnings, representing a -40.5% year-over-year change. Revenue is expected to be $9.36 billion, down 5.7% from the previous year. Investors can access Zacks Investment Research for insights on the best stocks to buy.



Read more at NASDAQ.: Methanex (MEOH) Q4 Earnings Surpass Estimates