Methanex (MEOH) Tops Q4 EPS by 42c

Go back to Methanex (MEOH) Tops Q4 EPS by 42c

Methanex Reports Higher Fourth Quarter 2017 Results and Increases Dividend by 10%

January 31, 2018 4:30 PM EST

VANCOUVER, British Columbia, Jan. 31, 2018 (GLOBE NEWSWIRE) -- For the fourth quarter of 2017, Methanex (TSX: MX) (NASDAQ: MEOH) reported net income attributable to Methanex shareholders of $68 million ($0.81 per common share on a diluted basis) compared to net income of $32 million ($0.38 per common share on a diluted basis) in the third quarter of 2017. Adjusted EBITDA for the fourth quarter of 2017 was $254 million and Adjusted net income was $143 million ($1.70 per common share). This compares with Adjusted EBITDA of $143 million and Adjusted net income of $52 million ($0.60 per common share) for... More