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Daqo New Energy (NYSE:DQ) reported its Q4 earnings results on Wednesday, February 28, 2024 at 06:00 AM.
Here's what investors need to know about the announcement.
Daqo New Energy beat estimated earnings by 12.0%, reporting an EPS of $0.94 versus an estimate of $0.84.
Revenue was down $387.12 million from the same period last year.
Last quarter the company missed on EPS by $0.35 which was followed by a 3.0% increase in the share price the next day.
Here's a look at Daqo New Energy's past performance:
Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
---|---|---|---|---|
EPS Estimate | 0.94 | 5.79 | 4.95 | 7.37 |
EPS Actual | 0.59 | 1.75 | 3.93 | 5.11 |
Revenue Estimate | 672.30M | 1.22B | 874.76M | 987.83M |
Revenue Actual | 484.84M | 636.72M | 709.83M | 864.25M |
To track all earnings releases for Daqo New Energy visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: DQ