Nov. 3 at 5:36 PM
$MEOH tumbles on Q3 earnings miss β what went wrong? π
Adjusted EPS of 6 cents missed the Zacks Consensus Estimate of 51 cents, with revenues also falling short at
$927M vs.
$974M expected. Despite a robust 64.2% production boost from acquisitions and increased output from key sites, sales volume slipped 5.6% YoY.
Get the full breakdown here π https://www.zacks.com/stock/news/2783747/meohs-q3-earnings-miss-estimates-as-average-realized-prices-fall?cid=sm-stocktwits-2-2783747-body-19171&ADID=SYND_STOCKTWITS_TWEET_2_2783747_BODY_19171