Methanex reports after the market closes on October 29. EPS estimates have recently risen, but the company has missed consensus in each of its last four reported quarters.
Methanex Corporation (TSX: MX) is scheduled to report results for the quarter ended September 30, 2026, after the market closes on October 29. The earnings calendar lists an EPS estimate of C$2.83. A separate trends feed shows consensus of C$3.03 from eight analysts, up from C$2.69 30 days ago. Estimates can differ by source, so check which consensus figure you’re using. For company information, visit the Methanex stock page.
Recent earnings trend
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Methanex Corporation
MX.TO
MX.TO
Methanex Corporation
WealthAwesomeMarket cap
$6.85B
P/E
66.1x
Div. yield
0.87%
Div. / share
$0.74
52W high
$92.84
52W low
$44.36
1W change
-1.13%
Beta
0.98
Analyst Price Targets
Based on analyst covering MX · as of Sep 17, 2026
Wall Street analysts forecast MX stock price to rise 1.4% over the next 12 months.
Consensus
NeutralBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$91.33
+1.4% Upside
Current Price
C$90.11
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on MX's historical volatility
30-Day Vol
31.7%
Annualized
90-Day Vol
39.9%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$107.73
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$95.64 | C$85.72 – C$106.70 |
| 60 trading days | C$101.50 | C$86.94 – C$118.50 |
| 90 trading days | C$107.73 | C$89.12 – C$130.22 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Analyst coverage: 8 analyst(s) cover this name; upcoming EPS consensus is available.
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-10-29 | — | 2.8300 | — |
| 2026-06-30 | 2026-07-28 | 3.8700 | 4.0100 | -3.5% |
| 2026-03-31 | 2026-04-29 | 0.3000 | 0.4200 | -28.6% |
| 2025-12-31 | 2026-03-05 | -0.1400 | 0.6500 | -121.5% |
| 2025-09-30 | 2025-10-29 | 0.0600 | 0.4100 | -85.4% |
| 2025-06-30 | 2025-07-30 | 0.9700 | 0.2800 | +246.4% |
Investor takeaway: Expectations are rising, but Methanex has a recent record of missing them. The trends feed puts revenue consensus at $1.26 billion, with estimated year-over-year growth of 36.0%. It also records two upward EPS revisions and none downward over the past 30 days. But the company missed estimates in each of its last four reported quarters, including C$3.87 versus C$4.01 in June. This report will show whether production growth and the integration of acquired North American assets are translating into earnings that meet the higher bar.
C$3.03 EPS consensus—and four straight recent misses
The trends feed’s eight-analyst consensus is C$3.03 per share, up from C$2.69 a month ago. The earnings calendar lists a separate estimate of C$2.83. Methanex’s last four reported EPS results were C$3.87 versus C$4.01, C$0.30 versus C$0.42, -C$0.14 versus C$0.65, and C$0.06 versus C$0.41. The trend table and chart are inserted automatically. The main point: expectations have risen even as the company has missed estimates.
Bull case
Recent company coverage points to increased production capacity. Geismar production reached a reported record 1.027 million tons in the second quarter of 2026, and Methanex is targeting about 4 million tons of annual production at the site. Coverage also points to benefits from integrating OCI assets and progress on debt reduction. In the second quarter, the company repaid the remaining $290 million Term Loan A. If stronger operations and integration gains support the expected revenue growth, September-quarter results could show improving earnings momentum. The upward revisions are encouraging, but they don’t guarantee a beat.
Bear case
Methanex has missed consensus in each of its last four reported quarters. Its reported surprises ranged from 3.49% below estimates to a loss against a positive estimate in December 2025. The latest available fundamentals snapshot shows a 2.07% profit margin, and methanol producers remain exposed to operating and market conditions that can affect results. Higher estimates also leave less room for execution shortfalls. Investors can review the company’s analyst ratings and targets alongside the earnings release.
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Analysis
Methanex is scheduled to report after the market closes for the quarter ended September 30. The earnings calendar lists an EPS estimate of C$2.83, while the trends feed reports consensus of C$3.03 from eight analysts and revenue consensus of $1.26 billion, implying estimated year-over-year growth of 36.0%. EPS estimates have risen from C$2.69 over the past 30 days, with two upward revisions and none downward. Keep the calendar estimate separate from the trends consensus. The results will show whether the expected growth appears in reported earnings and revenue.
Analysis
Geismar production rose to 1.027 million tons in the second quarter, up from 934,000 tons in the previous quarter. Methanex is targeting about 4 million tons of annual production at the site. The company has also cited benefits from integrating OCI assets, including the Beaumont facility and its 50% interest in Natgasoline, while continuing to reduce debt.
These factors could support the business, but the recent EPS record warrants caution. Methanex missed estimates in all four of its latest reported quarters, including C$3.87 versus C$4.01 in June 2026 and C$0.30 versus C$0.42 in March. The upcoming results will help investors judge whether operating improvements are changing that pattern.
Analysis
Methanex closed at C$90.11 on October 26, above its 50-day moving average of C$84.40 and 200-day moving average of C$77.62, but below its 52-week high of C$92.84. The average analyst target is C$91.33, about 1.4% above the closing price. The supplied target-based summary is Neutral. These figures offer context, but they don’t predict how the stock will react to earnings.
The Wealth Awesome 90-day price forecast is based on a statistical model, not financial advice. Its mean is C$107.73, with a 68% range of C$89.12 to C$130.22 and a wider 95% range of C$73.73 to C$157.40. Model estimates are uncertain and shouldn’t be treated as price targets.
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