Brace yourselves for the unveiling of Daqo New Energy Corp's (NYSE: DQ) second quarter financial results on Monday 26th August 2024. This eagerly awaited announcement will take place before market open.
Wall Street financial experts forecast that the concern is set to announce an expected $0.56 loss per share for the quarter. Moreover, the company is anticipated to disclose a total revenue of $337.13 million for this particular period.
The company's full-year performance has been analyzed by wall street analysts, who have shared their projections. According to the analysis, it is expected that the company will generate a total revenue of $1.72 billion. Additionally, the earnings per share for the company are also anticipated to reach profit of $0.37 over the course of the fiscal year.
The company's earnings report from the corresponding quarter of the previous year demonstrated a per-share income of $1.75. Additionally, the company achieved a total revenue of $636.72 million during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q1 2024 | $0.55 | -86.0% | 415.31 M | -41.5% |
| Q4 2023 | $0.94 | -81.6% | 477.13 M | -44.8% |
| Q3 2023 | $0.59 | -92.3% | 484.84 M | -60.3% |
*Growth on year-over-year basis
Additionally, The company will host a conference call with investors and analysts on 26th August 2024 at 08:00 AM eastern time to review the Q2 2024 financial results.
Daqo New Energy Corp. (DQ) shares experienced a range of $14.81 to $15.30 on a day volume of 1.08 million shares. The stock closed Friday's regular trading session at $15.20, reflecting a 0.86 percent rise.
