Methanex Reports Second Quarter 2020 Results
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Methanex (MEOH) Tops Q2 EPS by 10c
July 29, 2020 5:06 PM EDTMethanex (NASDAQ: MEOH) reported Q2 EPS of ($0.85), $0.10 better than the analyst estimate of ($0.95). Revenue for the quarter came in at $512 million versus the consensus estimate of $484.76 million.
Strong liquidity position with $783 million in cash on balance sheet and negotiated meaningful financial covenant reliefRecords net loss attributable to Methanex shareholders of $65 million and Adjusted EBITDA of $32... More