Methanex (MEOH) Misses Q3 EPS by 12c

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Go back to Methanex (MEOH) Misses Q3 EPS by 12c

Methanex Reports Third Quarter Results

October 28, 2015 8:16 PM EDT

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 10/28/15 -- For the third quarter of 2015, Methanex (TSX: MX)(NASDAQ: MEOH) reported Adjusted EBITDA(1) of $95 million and Adjusted net income(1) of $23 million ($0.26 per share on a diluted basis(1)). This compares with Adjusted EBITDA(1) of $129 million and Adjusted net income(1) of $51 million ($0.56 per share on a diluted basis(1)) for the second quarter of 2015. Net income attributable to Methanex shareholders was $78 million in the third quarter compared to $104 million in the second quarter of 2015.

John Floren, President and CEO of Methanex commented, "Our third... More