EPS for Methanex Corporation (USA) (MEOH) Expected At $0.90

July 18, 2017 - By Adrian Erickson

 EPS for Methanex Corporation (USA) (MEOH) Expected At $0.90

Analysts await Methanex Corporation (USA) (NASDAQ:MEOH) to report earnings on July, 26. They expect $0.90 earnings per share, up 446.15 % or $1.16 from last year’s $-0.26 per share. MEOH’s profit will be $78.05M for 12.65 P/E if the $0.90 EPS becomes a reality. After $1.56 actual earnings per share reported by Methanex Corporation (USA) for the previous quarter, Wall Street now forecasts -42.31 % negative EPS growth. The stock increased 1.90% or $0.85 during the last trading session, reaching $45.55. About 794,779 shares traded. Methanex Corporation (USA) (NASDAQ:MEOH) has risen 45.59% since July 18, 2016 and is uptrending. It has outperformed by 28.89% the S&P500.

Methanex Corporation (USA) (NASDAQ:MEOH) Ratings Coverage

Among 11 analysts covering Methanex Corporation (NASDAQ:MEOH), 7 have Buy rating, 1 Sell and 3 Hold. Therefore 64% are positive. Methanex Corporation had 45 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Sector Perform” on Friday, January 29. The stock of Methanex Corporation (USA) (NASDAQ:MEOH) has “Outperform” rating given on Friday, February 24 by Raymond James. The firm has “Outperform” rating by Howard Weil given on Monday, July 27. Jefferies maintained the shares of MEOH in report on Friday, August 7 with “Buy” rating. On Tuesday, January 19 the stock rating was downgraded by Monness Crespi & Hardt to “Neutral”. The firm has “Buy” rating by TD Securities given on Friday, July 31. Jefferies maintained the shares of MEOH in report on Tuesday, June 20 with “Buy” rating. The stock of Methanex Corporation (USA) (NASDAQ:MEOH) earned “Sector Perform” rating by RBC Capital Markets on Friday, July 31. The stock of Methanex Corporation (USA) (NASDAQ:MEOH) earned “Buy” rating by BMO Capital Markets on Thursday, June 29. Cowen & Co maintained Methanex Corporation (USA) (NASDAQ:MEOH) on Wednesday, September 9 with “Outperform” rating.

Methanex Corp is a Canada-based producer and supplier of methanol to a range of international markets. The company has market cap of $3.95 billion. The Firm operates production sites in Canada, Chile, Egypt, New Zealand, the United States, as well as Trinidad and Tobago. It has a 28.74 P/E ratio. The Company’s global activities are supported by a global supply chain of terminals, storage facilities and a fleet of methanol ocean tankers.

Another recent and important Methanex Corporation (USA) (NASDAQ:MEOH) news was published by Investorplace.com which published an article titled: “Ex-Dividend Reminders Include AVX Corporation (AVX) and Methanex Corporation …” on June 12, 2017.

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