**Methanex Corporation (MEOH) shares rose 6.4% to $53.01** during the last trading session, buoyed by optimism over favorable methanol industry conditions driven by robust demand for methanol in energy applications in China. The trading volume was notably higher than average, contributing to a cumulative 5.5% gain over the past month.
The company is anticipated to report quarterly earnings of $0.92 per share for the upcoming first quarter of 2026, reflecting a 29.2% decrease year-over-year. Revenue expectations stand at $1.02 billion, marking a 13.7% increase from the prior year. The consensus EPS estimate has remained unchanged over the last 30 days, indicating a potential correlation between earnings estimate revisions and stock price movements.
Methanex currently holds a Zacks Rank of #3 (Hold). In comparison, LyondellBasell Industries (LYB) closed at $66.82, down 0.4%, with a year-over-year EPS expectation shift of -21.2% for its upcoming earnings report.
