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Methanex: Q4 Earnings Snapshot

VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Methanex Corp. (MEOH) on Thursday reported a loss of $88.8 million in its fourth quarter.

On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of $1.15. Losses, adjusted for non-recurring costs, were 14 cents per share.

The methanol supplier posted revenue of $968.8 million in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $994.4 million.

For the year, the company reported profit of $79.9 million, or 93 cents per share. Revenue was reported as $3.59 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MEOH at https://www.zacks.com/ap/MEOH

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updated by pwenzel 3:13pm
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