Methanex (MEOH) Surpasses Q1 Earnings Estimates

Company Performance - Methanex reported quarterly earnings of $1.30 per share, exceeding the Zacks Consensus Estimate of$ 1.25 per share, and significantly up from $0.65 per share a year ago, representing an earnings surprise of 4% [1] - The company posted revenues of$ 896 million for the quarter ended March 2025, which was 13.80% below the Zacks Consensus Estimate and down from $916 million year-over-year [2] - Over the last four quarters, Methanex has surpassed consensus EPS estimates four times but has only topped revenue estimates once [2] Stock Performance - Methanex shares have declined approximately 36.4% since the beginning of the year, contrasting with the S&P 500's decline of 5.5% [3] - The current Zacks Rank for Methanex is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Future Outlook - The consensus EPS estimate for the upcoming quarter is$ 0.56 on revenues of $880.72 million, while for the current fiscal year, the estimate is$ 3.31 on revenues of $4.21 billion [7] - The outlook for the Chemical - Diversified industry, to which Methanex belongs, is currently in the bottom 14% of over 250 Zacks industries, which may impact the stock's performance [8]