Benzinga | Jul 29, 2020 05:08PM EDT

Methanex Q2 Adj. EPS $(0.84) Beats $(0.96) Estimate, Sales $453.00M Miss $487.89M Estimate

Methanex (NASDAQ:MEOH) reported quarterly losses of $(0.84) per share which beat the analyst consensus estimate of $(0.96) by 12.5 percent. This is a 347.06 percent decrease over earnings of $0.34 per share from the same period last year. The company reported quarterly sales of $453.00 million which missed the analyst consensus estimate of $487.89 million by 7.15 percent. This is a 41.70 percent decrease over sales of $777.00 million the same period last year.