Methanex (MEOH) Reports In-Line Q2 EPS

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Methanex Reports Second Quarter 2018 Earnings

July 25, 2018 5:05 PM EDT

VANCOUVER, British Columbia, July 25, 2018 (GLOBE NEWSWIRE) -- For the second quarter of 2018, Methanex (TSX: MX) (NASDAQ: MEOH) reported net income attributable to Methanex shareholders of $111 million ($1.36 per common share on a diluted basis) compared to net income of $169 million ($2.00 per common share on a diluted basis) in the first quarter of 2018. Adjusted EBITDA for the second quarter of 2018 was $275 million and Adjusted net income was $143 million ($1.75 per common share). This compares with Adjusted EBITDA of $306 million and Adjusted net income of $171 million ($2.03 per common share) for the... More