MEOH / Despite Fast-paced Momentum, Methanex (MEOH) Is Still a Bargain Stock

Methanex Corporation (NASDAQ:MEOH ) Q3 2023 Earnings Conference Call October 26, 2023 11:00 AM ET Company Participants Sarah Herriott - Director-Inves more_horizontal

Production of Methanex (MEOH) in Q3 totals 1,545,000 tons, up around 23.4% year over year. more_horizontal

While the top- and bottom-line numbers for Methanex (MEOH) give a sense of how the business performed in the quarter ended September 2023, it could be more_horizontal

Methanex (MEOH) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.08 per share. This compares more_horizontal

As the 20-year natural gas agreement ends in September 2024, Methanex (MEOH) said it plans to shut down the Atlas methanol facility. more_horizontal

Methanex (MEOH) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the more_horizontal

The headline numbers for Methanex (MEOH) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compa more_horizontal

Methanex (MEOH) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earning more_horizontal