Daqo New Energy (DQ) Scheduled to Post Quarterly Earnings on Tuesday

Daqo New Energy (NYSE:DQ) is scheduled to be announcing its earnings results before the market opens on Tuesday, November 12th. Analysts expect the company to announce earnings of $0.43 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Daqo New Energy (NYSE:DQ) last posted its quarterly earnings data on Wednesday, August 14th. The semiconductor company reported ($0.20) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.11) by ($0.09). Daqo New Energy had a negative net margin of 0.85% and a positive return on equity of 5.57%. The company had revenue of $65.96 million for the quarter, compared to the consensus estimate of $69.80 million. During the same period last year, the business earned $1.36 EPS. On average, analysts expect Daqo New Energy to post $2 EPS for the current fiscal year and $6 EPS for the next fiscal year.

DQ stock opened at $36.69 on Friday. Daqo New Energy has a twelve month low of $20.35 and a twelve month high of $53.49. The company has a quick ratio of 0.48, a current ratio of 0.56 and a debt-to-equity ratio of 0.28. The firm has a market cap of $392.30 million, a PE ratio of 8.26, a price-to-earnings-growth ratio of 0.70 and a beta of 1.64. The business has a 50 day moving average of $42.56 and a 200 day moving average of $42.40.

A number of research analysts recently weighed in on DQ shares. Roth Capital reaffirmed a “buy” rating on shares of Daqo New Energy in a research report on Wednesday, August 14th. Zacks Investment Research raised Daqo New Energy from a “sell” rating to a “hold” rating in a research report on Tuesday, October 15th. Finally, ValuEngine raised Daqo New Energy from a “sell” rating to a “hold” rating in a research report on Friday, November 1st.

About Daqo New Energy

Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon and wafers in the People's Republic of China. It operates through two segments, Polysilicon and Wafers. The company offers polysilicon to photovoltaic product manufacturers who further process its polysilicon into ingots, wafers, cells, and modules for solar power solutions.

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Earnings History for Daqo New Energy (NYSE:DQ)

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