Daqo New Energy (NYSE:DQ) reported its Q4 earnings results on Monday, February 28, 2022 at 02:33 AM.
Here’s what investors need to know about the announcement.
Earnings
Daqo New Energy missed estimated earnings by 56.99%, reporting an EPS of $1.97 versus an estimate of $4.58.
Revenue was up $147.82 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.73 which was followed by a 1.67% increase in the share price the next day.
Here’s a look at Daqo New Energy’s past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 3.11 | 2.54 | 1.19 | 1.15 |
| EPS Actual | 3.84 | 3.06 | 1.18 | 1.02 |
| Revenue Estimate | 548.23M | 407.00M | 297.97M | 232.16M |
| Revenue Actual | 585.78M | 441.37M | 256.10M | 247.72M |
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.
