Core Insights - Methanex reported quarterly earnings of $0.06 per share, significantly missing the Zacks Consensus Estimate of $0.51 per share, and down from $1.21 per share a year ago, representing an earnings surprise of -88.24% [1] - The company posted revenues of $927 million for the quarter ended September 2025, which was 4.83% below the Zacks Consensus Estimate and a decrease from $935 million year-over-year [2] - Methanex shares have declined approximately 30.9% year-to-date, contrasting with the S&P 500's gain of 17.2% [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 $0.88 on revenues of $1.07 billion, while for the current fiscal year, the estimate is $3.66 on revenues of $3.73 billion [7] Industry Context - The Chemical - Diversified industry, to which Methanex belongs, is currently ranked in the bottom 7% of over 250 Zacks industries, indicating a challenging environment [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Methanex's stock performance [5][6]
Methanex (MEOH) Misses Q3 Earnings and Revenue Estimates