Methanex (MEOH) Misses Q3 EPS by 1c, Revenue Beats

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Methanex Reports Third Quarter 2018 Earnings

October 24, 2018 5:19 PM EDT

VANCOUVER, British Columbia, Oct. 24, 2018 (GLOBE NEWSWIRE) -- For the third quarter of 2018, Methanex (TSX: MX) (NASDAQ: MEOH) reported net income attributable to Methanex shareholders of $128 million ($1.61 per common share on a diluted basis) compared to net income of $111 million ($1.36 per common share on a diluted basis) in the second quarter of 2018. Adjusted EBITDA for the third quarter of 2018 was $293 million and Adjusted net income was $152 million ($1.92 per common share). This compares with Adjusted EBITDA of $275 million and Adjusted net income of $143 million ($1.75 per common share) for the second quarter... More