While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companie ...

For the quarter ended December 2024, Methanex (MEOH) reported revenue of $949 million, up 2.9% over the same period last year. EPS came in at $1.24, compared to $0.52 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.02 billion, representing a surprise of -7.29%. The company delivered an EPS surprise of +22.77%, with the consensus EPS estimate being $1.01.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street exp ...

Methanex (MEOH) came out with quarterly earnings of $1.24 per share, beating the Zacks Consensus Estimate of $1.01 per share. This compares to earnings of $0.52 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 22.77%. A quarter ago, it was expected that this methanol supplier would post earnings of $0.44 per share when it actually produced earnings of $1.21, delivering a surprise of 175%.Over the last four quarters, the company ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Methanex (MEOH) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on January 29, 2025, might help the stock move higher if these key numbers are better than exp ...

Earnings Estimate Revisions - The company's earnings estimates for the next quarter and full year have seen significant upward revisions, driven by strong agreement among analysts [3] - For the current quarter, the company is expected to earn $0 94 per share, representing an 80 77% increase from the year-ago period [4] - Over the last 30 days, the Zacks Consensus Estimate for the current quarter has increased by 18 45% due to one positive estimate revision [4] - For the full year, the earnings estimate of $3 49 per share reflects a 55 11% increase from the previous year [5] - Over the past month, two estimates have been revised upward for the current year, pushing the consensus estimate 6 29% higher [5] Stock Performance and Outlook - The stock has gained 8 6% over the past four weeks, driven by strong estimate revisions and increased investor interest [7] - The improving earnings outlook suggests that the upward trend in the stock price may continue [1] - Empirical research indicates a strong correlation between earnings estimate revisions and near-term stock price movements [2] Zacks Rank and Investment Potential - The company currently holds a Zacks Rank 2 (Buy), reflecting promising estimate revisions [6] - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500 [6] - The Zacks Rank system has a proven track record, with Zacks 1 Ranked stocks generating an average annual return of +25% since 2008 [3] Conclusion - The company's strong earnings estimate revisions and favorable Zacks Rank make it a potential candidate for portfolio addition [7]

Earnings Performance - Methanex has consistently surpassed earnings estimates in the last two quarters, with an average surprise of 100.77% [1] - In the most recent quarter, the company reported earnings of $1.21 per share, significantly higher than the expected $0.44 per share, representing a surprise of 175% [2] - For the previous quarter, Methanex reported earnings of $0.62 per share, beating the consensus estimate of $0.49 per share by 26.53% [2] Earnings ESP and Zacks Rank - Methanex currently has a positive Earnings ESP of +6.76%, indicating bullish sentiment among analysts regarding the company's earnings prospects [6] - The combination of a positive Earnings ESP and a Zacks Rank 2 (Buy) suggests a high likelihood of another earnings beat in the upcoming report [6] - Stocks with a positive Earnings ESP and a Zacks Rank 3 (Hold) or better have a nearly 70% chance of producing a positive earnings surprise [4] Analyst Estimates and Predictive Power - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate being more reflective of recent analyst revisions [5] - A negative Earnings ESP reduces the predictive power of the metric but does not necessarily indicate an earnings miss [7] - It is important to check a company's Earnings ESP before its quarterly release to increase the odds of success [8]

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Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potenti ...

Investors might want to bet on Methanex (MEOH) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a changing earni ...