Published on 27 Oct 2022 on Zacks via Yahoo Finance
Daqo New Energy (DQ) Q3 Earnings Miss Estimates
Daqo New Energy (DQ) came out with quarterly earnings of $4.18 per share, missing the Zacks Consensus Estimate of $6.87 per share. This compares to earnings of $3.81 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -39.16%. A quarter ago, it was expected that this solar panel parts maker would post earnings of $6.46 per share when it actually produced earnings of $8.18, delivering a surprise of 26.63%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.