Methanex (MEOH) PT Lowered to $55 at Cowen; Reiterates Outperform

Go back to Methanex (MEOH) PT Lowered to $55 at Cowen; Reiterates Outperform

Methanex (MEOH) Misses Q2 EPS by 23c

July 26, 2017 5:12 PM EDT

Methanex (NASDAQ: MEOH) reported Q2 EPS of $0.85, $0.23 worse than the analyst estimate of $1.08. Revenue for the quarter came in at $669 million versus the consensus estimate of $759.17 million.

For earnings history and earnings-related data on Methanex (MEOH) click here.

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Methanex (MEOH) Increases its Existing Buyback Program to 10% of Public Float

July 26, 2017 5:06 PM EDT

Methanex Corporation (the Company) (TSX: MX) (NASDAQ: MEOH) announced today that its Board of Directors has approved an amendment to its existing Normal Course Issuer Bid originally announced on March 6, 2017 (the Bid) which increases the number of common shares (Shares) that may be purchased under the Bid from 4,492,141 to 6,152,358, representing 10% of the public float at the time of the announcement of the Bid, and the maximum number of common shares that may be purchased under the Bid.

To date, the Company has repurchased... More