Methanex (MEOH) Misses Q4 EPS by 2c

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Methanex Reports Fourth Quarter Results

January 27, 2016 8:36 PM EST

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 01/27/16 -- For the fourth quarter of 2015, Methanex (TSX: MX)(NASDAQ: MEOH) reported Adjusted EBITDA(1) of $80 million and Adjusted net income(1) of $15 million ($0.16 per share on a diluted basis(1)). This compares with Adjusted EBITDA of $95 million and Adjusted net income of $23 million ($0.26 per share on a diluted basis) for the third quarter of 2015. Net income attributable to Methanex shareholders was $10 million in the fourth quarter compared to $78 million in the third quarter of 2015. For the year ended December 31, 2015, Methanex reported Adjusted EBITDA of $401... More