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MEOH benefits from a higher average realized price for methanol in Q3.
Methanex Corporation (NASDAQ:MEOH ) Q3 2024 Earnings Call Transcript November 7, 2024 11:00 AM ET Company Participants Sarah Herriott - Director of Investor Relations Rich Sumner - President and Chief Executive Officer Conference Call Participants James Cannon - UBS Joel Jackson - BMO Capital Markets Steve Hansen - Raymond James Hassan Ahmed - Alembic Global Matthew Blair - TPH Roger Spitz - Bank of America Operator Good morning. My name is Pam, and I will be your conference operator today.
While the top- and bottom-line numbers for Methanex (MEOH) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Methanex (MEOH) came out with quarterly earnings of $1.21 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.02 per share a year ago.
Methanex (MEOH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Methanex (MEOH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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Shares of Methanex Corp MEOH have been on a downtrend since the company announced it had inked a definitive agreement to buy OCI Global‘s international methanol business.
MEOH acquires OCI's methanol business for $2.05 billion, boosting global production and entering the ammonia market.
Canadian methanol producer Methanex said on Sunday it will acquire Dutch green fuel-maker OCI Global's methanol business in a $2.05 billion deal.
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