Daqo New Energy (NYSE:DQ) reported its Q1 earnings results on Thursday, April 21, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
Daqo New Energy beat estimated earnings by 2.64%, reporting an EPS of $6.99 versus an estimate of $6.81.
Revenue was up $1.02 billion from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $2.61 which was followed by a 8.88% increase in the share price the next day.
Here's a look at Daqo New Energy's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 4.58 | 3.11 | 2.54 | 1.19 |
| EPS Actual | 1.97 | 3.84 | 3.06 | 1.18 |
| Revenue Estimate | 698.65M | 548.23M | 407.00M | 297.97M |
| Revenue Actual | 395.55M | 585.78M | 441.37M | 256.10M |
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.
