Methanex (MEOH) reported $935 million in income for the quarter ended September 2024, representing a year-over-year improve of 13.6%. EPS of $1.21 for a similar interval compares to $0.02 a 12 months in the past.
The reported income represents a shock of +1.62% over the Zacks Consensus Estimate of $920.1 million. With the consensus EPS estimate being $0.44, the EPS shock was +175.00%.
Whereas traders scrutinize income and earnings modifications year-over-year and the way they examine with Wall Avenue expectations to find out their subsequent transfer, some key metrics all the time provide a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps traders mission a inventory’s value efficiency extra precisely.
Right here is how Methanex carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Gross sales quantity in tonnes – Complete: 2,623 KTon in comparison with the two,605.49 KTon common estimate primarily based on three analysts.
- Common realized methanol value ($/tonne): 356 $/Ton in comparison with the 357.68 $/Ton common estimate primarily based on three analysts.
- Gross sales quantity in tonnes – Fee gross sales: 258 KTon versus 284.96 KTon estimated by three analysts on common.
- Gross sales quantity in tonnes – Bought methanol: 987 KTon versus 855.88 KTon estimated by three analysts on common.
- Gross sales quantity in tonnes – Methanex-produced methanol: 1,378 KTon versus the three-analyst common estimate of 1,464.65 KTon.
- Working Capability – Trinidad (Methanex curiosity): 490 KTon in comparison with the 599.38 KTon common estimate primarily based on two analysts.
- Manufacturing in tonnes – Complete: 1,347 KTon versus 1,814.77 KTon estimated by two analysts on common.
- Working Capability – New Zealand: 430 KTon versus 430 KTon estimated by two analysts on common.
- Working Capability – USA (Geismar): 1,000 KTon versus 775 KTon estimated by two analysts on common.
- Working Capability – Chile: 425 KTon versus 425 KTon estimated by two analysts on common.
- Working Capability – Canada (Medication Hat): 150 KTon in comparison with the 150 KTon common estimate primarily based on two analysts.
- Working Capability – Complete: 2,653 KTon in comparison with the two,537.38 KTon common estimate primarily based on two analysts.
View all Key Company Metrics for Methanex here>>>
Shares of Methanex have returned -8% over the previous month versus the Zacks S&P 500 composite’s +0.7% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it may carry out in keeping with the broader market within the close to time period.
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