Daqo New Energy Corp reports results for the quarter ended June 30 - Earnings Summary

Daqo New Energy

26/08/2025 14:31

Daqo New Energy Corp DQ.N reported a quarterly adjusted loss of $1.14​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-1.81.  The mean expectation of three analysts for the quarter was for a loss of 100 cents per share. Wall Street expected results to range from $-1.41 to -42 cents per share.

Revenue fell 65.8% to $75.19 million from a year ago; analysts expected $140.54 million.

Daqo New Energy Corp's reported EPS for the quarter was a loss of $1.14​.

The company reported a quarterly loss of $76.48 million.

Daqo New Energy Corp shares had risen by 57.5% this quarter and gained 22.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 26.2% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the renewable energy equipment & services peer group is also "buy"

Wall Street's median 12-month price target for Daqo New Energy Corp is $25.85, about 7.5% above its last closing price of $23.90

This summary was machine generated from LSEG data August 26 at 01:31 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
-1.00
-1.14
Missed
Mar. 31 2025
-0.69
-1.07
Missed
Dec. 31 2024
-2.08
-2.71
Missed
Sep. 30 2024
-0.31
-0.92
Missed