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Market Impact: 0.35

Daqo New Energy (DQ) Reports Q1 Loss, Lags Revenue Estimates

DQ
Corporate EarningsCompany FundamentalsAnalyst Estimates

Daqo New Energy reported a quarterly loss of $1.31 per share, far worse than the Zacks Consensus Estimate for a $0.13 loss. The result also widened from a $1.07 per-share loss a year ago, signaling deteriorating profitability versus both expectations and the prior-year period.

Analysis

Daqo New Energy reported a quarterly loss of $1.31 per share, far worse than the Zacks Consensus Estimate for a $0.13 loss. The result also widened from a $1.07 per-share loss a year ago, signaling deteriorating profitability versus both expectations and the prior-year period.

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Market Sentiment

Overall Sentiment

strongly negative

Sentiment Score

-0.60

Ticker Sentiment

DQ-0.85