Core Insights - Methanex reported 1.30 compared to 1.04 billion, resulting in a surprise of -13.80%, while the EPS exceeded the consensus estimate of 404 per tonne, slightly above the estimated $399.32 per tonne [4] - Total sales volume was 2,217 KTon, compared to the estimated 2,599.33 KTon [4] - Commission sales volume was 132 KTon, below the average estimate of 149.33 KTon [4] - Purchased methanol sales volume was 382 KTon, significantly lower than the estimated 649.06 KTon [4] - Total production was 1,619 KTon, below the estimated 1,908.27 KTon [4] Operating Capacity - Operating capacity in the USA (Geismar) was 1,000 KTon, below the estimated 1,450 KTon [4] - Operating capacity in New Zealand was 215 KTon, compared to the estimated 320 KTon [4] - Operating capacity in Chile matched the estimate at 425 KTon [4] - Operating capacity in Egypt (50% interest) was 158 KTon, slightly above the estimated 157 KTon [4] - Operating capacity in Canada (Medicine Hat) was 140 KTon, below the estimated 150 KTon [4] - Production in Canada (Medicine Hat) was 140 KTon, slightly above the estimated 138.72 KTon [4] Stock Performance - Methanex shares have returned -7.5% over the past month, contrasting with the Zacks S&P 500 composite's -0.2% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]
Methanex (MEOH) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates