Previous Close | 47.95 |
Open | 47.86 |
Bid | 47.67 x 100 |
Ask | 47.76 x 200 |
Day's Range | 47.51 - 48.30 |
52 Week Range | 38.18 - 51.42 |
Volume | |
Avg. Volume | 319,074 |
Market Cap | 3.223B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | 18.56 |
EPS (TTM) | 2.57 |
Earnings Date | Apr 25, 2024 |
Forward Dividend & Yield | 0.74 (1.55%) |
Ex-Dividend Date | Mar 13, 2024 |
1y Target Est | 54.73 |
Although the revenue and EPS for Methanex (MEOH) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Methanex (MEOH) delivered earnings and revenue surprises of 116.67% and 0.83%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $53 million and Adjusted EBITDA of $160 million in the first quarter. Our average realized price in the first quarter was $343 per tonne compared to $322 per tonne in the fourth quarter of 2023.Work is progressing to safely repair the Geismar 3 ("G3") plant and we believe that the plant is on track to start up in the third quarter of 2024. Repair costs are e