DAQO New Energy Corp. (NYSE:DQ) is expected to report second quarter earnings results, before market open, on Tuesday 18th August 2020.
Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.03 per share.
Looking ahead, the full year income are expected at $ 9.28 per share on the revenues of $ 619.20 million.
Previous Quarter Performance
DAQO New Energy Corp. reported income for the first quarter of $ 2.57 per share, from the revenue of $ 168.83 million. The quarterly earnings up 217.28 percent while revenues gained 107.92 percent compared with the same quarter last year.
The consensus estimates are income of $ 1.61 per share from $ 150.50 million in revenue. The bottom line results beat street analysts by $ 0.96 or 59.63 percent, at the same time, top line results outshined analysts by $ 18.33 million or 12.18 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of DAQO New Energy Corp.
Stock Performance
The company has a market capital of $ 1.61 billion and is part of the Technology sector and Semiconductor Equipment & Materials industry.
[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”DQ” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]
Conference Call
DAQO New Energy Corp. will be hosting a conference call at 8:00 AM eastern time on 18th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.dqsolar.com
Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufactures in the Peoples Republic of China. The photovoltaic product manufactures further process its polysilicon into ingots, wafers, cells, and modules for solar power solutions. It offers ready-to-use polysilicon, and packaged to meet crucible stacking, pulling, and solidification products.
