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Methanex: Q2 Earnings Insights

Methanex (NASDAQ:MEOH) reported its Q2 earnings results on Wednesday, July 27, 2022 at 05:20 PM. Here's what investors need to know about the announcement. Earnings Methanex beat estimated earnings by 14.63%, reporting an EPS of $1.41 versus an estimate of...

Benzinga · 07/27/2022 18:07

Methanex (NASDAQ:MEOH) reported its Q2 earnings results on Wednesday, July 27, 2022 at 05:20 PM.

Here's what investors need to know about the announcement.

Earnings

Methanex beat estimated earnings by 14.63%, reporting an EPS of $1.41 versus an estimate of $1.23.

Revenue was up $200.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.93 which was followed by a 3.72% increase in the share price the next day.

Here's a look at Methanex's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 1.23 1.23 1.23 1.15
EPS Actual 2.16 2.43 1.29 1.24
Revenue Estimate 982.64M 982.64M 982.64M 902.77M
Revenue Actual 1.18B 1.11B 963.00M 937.00M

To track all earnings releases for Methanex VISIT THEIR EARNINGS CALENDAR HERE.

This article was generated by Benzinga's automated content engine and reviewed by an editor.