Methanex (MEOH) Misses Q2 EPS by 23c

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Methanex Reports Second Quarter 2019 Results

July 31, 2019 5:02 PM EDT

VANCOUVER, British Columbia, July 31, 2019 (GLOBE NEWSWIRE) -- For the second quarter of 2019, Methanex (TSX: MX) (NASDAQ: MEOH) reported net income attributable to Methanex shareholders of $50 million ($0.51 per common share on a diluted basis) compared to net income of $38 million ($0.50 per common share on a diluted basis) in the first quarter of 2019. Adjusted EBITDA for the second quarter of 2019 was $146 million and Adjusted net income was $26 million ($0.34 per common share). This compares with Adjusted EBITDA of $194 million and Adjusted net income of $56 million ($0.73 per common share) for the... More