Q: Your comments on Methanex’s earnings please
5i Research Answer:
EPS of 6c missed estimates of 44c; revenue of $927M missed estimates of $981.7M. EBITDA of $191M missed estimate by 8%. Sales fell 1% but earnings fell sharply year over year. Per tonne realized prices fell to $345 from $374. While production was decent and newly-acquired sites (2) had their first full quarter, prices impacted results. The stock remains very cheap, but is down 33% this year, and lower earnings are again forecast for 2026.