Methanex reports Q1 adjusted EPS 65c, consensus 39c

Reports Q1 revenue $916M, consensus $832.27M. Rich Sumner, President & CEO of Methanex, said, “Our global team responded well to the delay in the start-up of G3, maintaining safe operations and a flexible supply chain while we investigated the root cause of the incident. We will continue to focus on safety and ensuring the G3 plant meets our quality expectations. Our business delivered a strong operational and financial quarter in the midst of a dynamic global landscape.”