Methanex (MEOH) Surpasses Q3 Earnings and Revenue Estimates
Portfolio Pulse from
Methanex (MEOH) reported Q3 earnings of $1.21 per share, significantly surpassing the Zacks Consensus Estimate of $0.44 per share. This marks a substantial improvement from $0.02 per share a year ago.
November 07, 2024 | 1:30 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Methanex (MEOH) reported Q3 earnings of $1.21 per share, significantly surpassing the Zacks Consensus Estimate of $0.44 per share. This marks a substantial improvement from $0.02 per share a year ago.
Methanex's earnings per share of $1.21 significantly exceeded expectations and showed a strong year-over-year improvement from $0.02. This positive earnings surprise is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100