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Methanex (NASDAQ:MEOH) announces its next round of earnings this Wednesday, January 27. Here is Benzinga's everything-that-matters guide for this Wednesday's Q4 earnings announcement.
Net Income, Earnings, And Earnings Per Share
Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.
Earnings And Revenue
Wall Street analysts see Methanex reporting earnings of $0.08 per share on revenue of $645.55 million. In the same quarter last year, Methanex reported earnings per share of $0.13 on revenue of $690.00 million.
Why Analyst Estimates And Earnings Surprises Are Important
Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.
If the company were to match the consensus estimate, earnings would be down 38.46%. Revenue would be down 6.44% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:
Shares of Methanex were trading at $35.07 as of January 25. Over the last 52-week period, shares are down 6.05%. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. Methanex is scheduled to hold the call at 11:00:00 ET and can be accessed here.
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