Methanex (MEOH) Projected to Post Quarterly Earnings on Thursday

Key Points

• Methanex is expected to report Q3 2026 results after market close on October 29, with analysts forecasting $2.83 in earnings per share and $1.29 billion in revenue.
• The company’s prior quarter fell short of expectations, reporting $3.87 EPS versus a $4.00 consensus and $1.40 billion in revenue versus $1.43 billion expected, although revenue increased 75% year over year.
• Analyst sentiment remains positive, with a “Moderate Buy” consensus rating and an average price target of $70.56, compared with shares recently trading at $63.14.

Methanex (NASDAQ:MEOH - Get Free Report) TSE: MX will likely be issuing its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect the company to post earnings of $2.83 per share and revenue of $1.29 billion for the quarter. Interested persons are encouraged to explore the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Friday, October 30, 2026 at 11:00 AM ET.

Methanex (NASDAQ:MEOH - Get Free Report) TSE: MX last posted its earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.87 EPS for the quarter, missing the consensus estimate of $4.00 by ($0.13). The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.43 billion. Methanex had a net margin of 2.07% and a return on equity of 11.35%. The firm's revenue for the quarter was up 75.0% compared to the same quarter last year. During the same period last year, the company posted $0.97 earnings per share. On average, analysts expect Methanex to post $8.73 EPS for the current fiscal year and $6.80 EPS for the next fiscal year.

Methanex Trading Down 0.3%

Shares of NASDAQ MEOH opened at $63.14 on Thursday. Methanex has a 12-month low of $32.00 and a 12-month high of $66.75. The company has a market cap of $4.88 billion, a price-to-earnings ratio of 61.30 and a beta of 0.71. The company has a current ratio of 2.07, a quick ratio of 1.35 and a debt-to-equity ratio of 0.83. The stock's 50 day simple moving average is $60.16 and its 200 day simple moving average is $57.81.

Analysts Set New Price Targets

Several brokerages have weighed in on MEOH. Canadian Imperial Bank of Commerce reaffirmed an "outperform" rating and set a $77.00 target price on shares of Methanex in a research note on Monday. Weiss Ratings raised Methanex from a "hold (c-)" rating to a "hold (c)" rating in a research note on Monday, October 12th. Royal Bank Of Canada decreased their price target on Methanex from $70.00 to $65.00 and set a "sector perform" rating for the company in a research note on Wednesday, July 1st. UBS Group raised their price target on Methanex from $71.00 to $74.00 and gave the company a "buy" rating in a report on Monday, October 5th. Finally, National Bank Financial lifted their price objective on shares of Methanex from $70.00 to $79.00 and gave the company an "outperform" rating in a research note on Friday, October 16th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $70.56.

About Methanex

Methanex Corporation is a global producer and supplier of methanol, a clear, biodegradable liquid chemical used in a wide range of industrial and consumer applications. The company markets methanol to customers worldwide and supports distribution through a global network of production facilities, storage terminals and transportation infrastructure.

Methanol is used to manufacture formaldehyde, acetic acid, solvents, adhesives, plastics and other chemical products. It is also used in fuel applications, including as a blending component, a feedstock for biodiesel and in the production of olefins and other alternative fuels.

Founded in 1992 and headquartered in Vancouver, British Columbia, Methanex operates production facilities and related assets in several regions, including North America, South America and New Zealand.

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