Methanex (MEOH) Tops Q4 EPS by 15c, Revenues Miss

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Go back to Methanex (MEOH) Tops Q4 EPS by 15c, Revenues Miss

Methanex Reports Stronger Fourth Quarter 2019 Results and Full Year Record Production Volume

January 29, 2020 5:01 PM EST

VANCOUVER, British Columbia, Jan. 29, 2020 (GLOBE NEWSWIRE) -- For the fourth quarter of 2019, Methanex (TSX: MX) (NASDAQ: MEOH) reported net income attributable to Methanex shareholders of $9 million ($0.12 net income per common share on a diluted basis) compared to a net loss of $10 million ($0.21 net loss per common share on a diluted basis) in the third quarter of 2019. Adjusted EBITDA for the fourth quarter of 2019 was $136 million and Adjusted net income was $10 million ($0.13 Adjusted net income per common share). This compares with Adjusted EBITDA of $90 million and... More