Methanex (MEOH) has natural gas contracts in New Zealand until 2029 and remains committed to working with all parties involved to improve the country's structural energy balances.
Methanex Corporation (NASDAQ:MEOH ) Q2 2024 Earnings Call Transcript July 31, 2024 11:00 AM ET Company Participants Sarah Herriott - Director of IR Rich Sumner - President and CEO Conference Call Participants Ben Isaacson - Scotiabank Mike Leithead - Barclays Capital James Cannon - UBS Joel Jackson - BMO Capital Markets Steve Hansen - Raymond James Hassan Ahmed - Alembic Global Nelson Ng - RBC Capital Markets Matthew Blair - TPH Laurence Alexander - Jefferies Charles Neivert - Piper Sandler Operator Good morning. My name is Aaron, and I will be your conference operator for today.
Lower sales volumes weigh on Methanex's (MEOH) top line in the second quarter.
While the top- and bottom-line numbers for Methanex (MEOH) give a sense of how the business performed in the quarter ended June 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 $0.62 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.60 per share a year ago.
Methanex (MEOH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The investment by Methanex (MEOH) is expected to generate approximately 200 construction jobs and numerous permanent jobs once operational.
Methanex (MEOH) reported earnings 30 days ago. What's next for the stock?