Daqo New Energy DQ reported its Q2 earnings results on Wednesday, August 3, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
Daqo New Energy beat estimated earnings by 33.44%, reporting an EPS of $8.18 versus an estimate of $6.13.
Revenue was up $802.63 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.18 which was followed by a 1.85% increase in the share price the next day.
Here's a look at Daqo New Energy's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 6.81 | 4.58 | 3.11 | 2.54 |
EPS Actual | 6.99 | 1.97 | 3.84 | 3.06 |
Revenue Estimate | 1.18B | 698.65M | 548.23M | 407.00M |
Revenue Actual | 1.28B | 395.55M | 585.78M | 441.37M |
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.
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Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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