Methanex (MEOH) Reports Q1 Earnings: What Key Metrics Have to Say

For the quarter ended March 2024, Methanex (MEOH) reported revenue of $916 million, down 11.8% over the same period last year. EPS came in at $0.65, compared to $1.11 in the year-ago quarter.The reported revenue represents a surprise of +0.83% over the Zacks Consensus Estimate of $908.5 million. With the consensus EPS estimate being $0.30, the EPS surprise was +116.67%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...