Daqo New Energy (DQ) Reports Q4 Loss, Tops Revenue Estimates

Group 1 - Daqo New Energy reported a quarterly loss of $2.71 per share, significantly worse than the Zacks Consensus Estimate of a loss of $0.61, marking an earnings surprise of -344.26% [1] - The company posted revenues of $195.36 million for the quarter ended December 2024, exceeding the Zacks Consensus Estimate by 26.04%, but down from $477.13 million year-over-year [2] - Daqo shares have increased approximately 12.6% since the beginning of the year, outperforming the S&P 500's gain of 1.3% [3] Group 2 - The current consensus EPS estimate for the upcoming quarter is -$1.04 on revenues of $207.2 million, and for the current fiscal year, it is -$2.43 on revenues of $1.21 billion [7] - The Zacks Industry Rank for Chemical - Specialty is in the bottom 23% of over 250 Zacks industries, indicating potential challenges for the sector [8]