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Metanex Q3 Earnings Beat Estimates · Share Buyback Approved

Earnings Whispers · ·by G4L

MEOH
MEOH Methanex Corp
$68.07 +2.38%
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  1. 1Metanex's Q3 adjusted earnings per share of $3.69 exceeded the consensus by 16.4%.
  2. 2Metanex's Q3 revenue of $1.388 billion was 7.6% higher than expected.
  3. 3Metanex approved a share buyback of up to 5% of its outstanding shares.

So what's the key point?

Metanex earned more money than experts predicted. The company decided to buy back its own shares, which is good news for shareholders.

Source Earnings Whispers · View original ↗

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