Methanex: Q4 Financial Results Overview

Methanex Corp. Reports Fourth Quarter Financial Results

Methanex Corp., headquartered in Vancouver, British Columbia, announced on Thursday that it recorded a net loss of $88.8 million for the fourth quarter.

The company reported a loss of $1.15 per share for the quarter. After excluding one-time items, the adjusted loss stood at 14 cents per share.

During this period, Methanex generated $968.8 million in revenue, which fell short of analyst expectations. According to a survey by Zacks, four analysts had projected revenue of $994.4 million.

For the full year, Methanex achieved a net income of $79.9 million, translating to 93 cents per share, with total revenue reaching $3.59 billion.