Earnings Preview: Methanex
Portfolio Pulse from Benzinga Insights
Methanex (NASDAQ:MEOH) is set to release its quarterly earnings report on October 25, 2023. Analysts estimate an EPS of $-0.05. The company's past performance shows a pattern of beating EPS estimates, but this has sometimes been followed by a drop in share price. Methanex shares are currently trading at $39.37, up 17.32% over the last 52-week period.
October 24, 2023 | 5:01 pm
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Methanex is expected to report an EPS of $-0.05 in its upcoming earnings. Despite beating EPS estimates in the past, the share price has sometimes dropped. The stock is up 17.32% over the last year.
Methanex's upcoming earnings report is highly relevant to its stock price. While the company has a history of beating EPS estimates, this has sometimes led to a drop in share price, making the impact of the earnings report uncertain. However, the stock's positive performance over the last year indicates investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100