Methanex (MEOH) Q2 Earnings Beat Estimates

Core Insights - Methanex reported quarterly earnings of $0.97 per share, significantly exceeding the Zacks Consensus Estimate of $0.42 per share, and up from $0.62 per share a year ago, representing an earnings surprise of +130.95% [1] - The company posted revenues of $797 million for the quarter ended June 2025, which fell short of the Zacks Consensus Estimate by 8.8% and decreased from $920 million year-over-year [2] - Methanex shares have declined approximately 32.2% year-to-date, contrasting with the S&P 500's gain of 8.3% [3] Earnings Outlook - The future performance of Methanex's stock will largely depend on management's commentary during the earnings call and the revisions of earnings estimates [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.53 on revenues of $976.2 million, while for the current fiscal year, the estimate is $3.10 on revenues of $4 billion [7] Industry Context - The Chemical - Diversified industry, to which Methanex belongs, is currently ranked in the bottom 5% of over 250 Zacks industries, indicating potential challenges ahead [8] - The performance of Methanex's stock may also be influenced by the overall outlook for the industry, as historical data shows that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]