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What is Scotiabank's Forecast for Methanex FY2026 Earnings?
Scotiabank has revised its FY2026 earnings per share estimate for Methanex (NASDAQ:MEOH) down to $3.68 from a previous forecast of $4.48, while maintaining an “Outperform” rating. This adjustment comes after Methanex reported an EPS of ($0.14) for the last quarter, missing the consensus estimate of $0.81, and revenues of $968.8 million against an estimated $1.03 billion. Despite the lowered forecast, the specialty chemicals company has an average analyst rating of “Moderate Buy” with a consensus price target of $49.90, and its shares opened at $51.75 on Monday.