Methanex's Q4 Earnings Outpace Estimates, Revenues Miss

Methanex Corporation (MEOH) reported fourth-quarter 2024 net income of $45 million or 67 cents per share, an increase from the prior-year quarter’s profits of$33 million or 50 cents per share.Adjusted earnings per share rose to $1.24 from the year-ago quarter’s 52 cents. The figure surpassed the Zacks consensus estimate of$1.01.Net sales in the quarter stood at $949 million, missing the Zacks consensus estimate of$1,023.7 million. However, the revenues displayed growth of roughly 3% from the previous yea ...