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MEOHBearishEarningsnews
Materiality pending

Methanex's (MEOH) Q1 Earnings & Revenues Surpass Estimates

Apr 25, 2024, 7:09 AM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

- MEOH reported a first-quarter profit of $53 million, with adjusted EPS of 65 cents. - Revenues fell 11.8% to $916 million, while adjusted EBITDA decreased to $160 million. - Production and sales volumes saw fluctuations, with a decrease in average realized prices. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • MEOH reported a first-quarter profit of $53 million, with adjusted EPS of 65 cents.
  • Revenues fell 11.8% to $916 million, while adjusted EBITDA decreased to $160 million.
  • Production and sales volumes saw fluctuations, with a decrease in average realized prices.

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