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Daqo New Energy Q2 Adj. EPS $(1.20) Misses $(0.52) Estimate, Sales $62.657M Miss $190.300M Estimate
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Daqo New Energy (NYSE:DQ) reported quarterly losses of $(1.20) per share which missed the analyst consensus estimate of $(0.52) by 130.77 percent. This is a 39.53 percent decrease over losses of $(0.86) per share from the same period last year. The company reported quarterly sales of $62.657 million which missed the analyst consensus estimate of $190.300 million by 67.07 percent. This is a 16.67 percent decrease over sales of $75.189 million the same period last year.
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