Compared to Estimates, Methanex (MEOH) Q4 Earnings: A Look at Key Metrics

Core Insights - Methanex reported revenue of $949 million for the quarter ended December 2024, reflecting a 2.9% increase year-over-year, but fell short of the Zacks Consensus Estimate of $1.02 billion by 7.29% [1] - The company's EPS was $1.24, significantly higher than $0.52 in the same quarter last year, and exceeded the consensus EPS estimate of $1.01 by 22.77% [1] Financial Performance - Total sales volume was 2,564 KTon, below the three-analyst average estimate of 2,828.37 KTon [4] - Average realized methanol price was $370 per tonne, slightly above the estimated $368.7 per tonne [4] - Commission sales volume was 198 KTon, exceeding the average estimate of 190.96 KTon [4] - Purchased methanol sales volume was 911 KTon, surpassing the average estimate of 837.19 KTon [4] - Methanex-produced methanol sales volume was 1,455 KTon, lower than the average estimate of 1,800.22 KTon [4] Operating Capacity and Production - Operating capacity in Trinidad was 490 KTon, exceeding the average estimate of 354.38 KTon [4] - Total production was 1,868 KTon, slightly below the average estimate of 1,913.42 KTon [4] - Operating capacity in New Zealand was 430 KTon, above the average estimate of 320 KTon [4] - Operating capacity in the USA (Geismar) was 1,900 KTon, significantly higher than the average estimate of 1,000 KTon [4] - Operating capacity in Chile was 425 KTon, matching the average estimate [4] - Operating capacity in Canada (Medicine Hat) was 150 KTon, consistent with the average estimate [4] - Total operating capacity was 3,551 KTon, well above the average estimate of 2,407.38 KTon [4] Stock Performance - Methanex shares returned -1.8% over the past month, while the Zacks S&P 500 composite increased by 1.7% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]