Daqo New Energy Corp expected to post a loss of $2.08 a share - Earnings Preview

Reuters
02-25
Daqo New Energy Corp <dq.n> expected to post a loss of $2.08 a share - Earnings Preview </dq.n>
  • Daqo New Energy Corp DQ.N, DQ is expected to show a fall in quarterly revenue when it reports results on February 27 for the period ending December 31 2024

  • The Chongqing-based company is expected to report a 67.8% decrease in revenue to $153.542 million from $477.13 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Daqo New Energy Corp is for a loss of $2.08 per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Daqo New Energy Corp is $20.90​, above​ its last closing price of $20.33. ​​​

This summary was machine generated February 25 at 14:13 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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