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.
