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Daqo New Energy (DQ) Reports Q1 Loss, Lags Revenue Estimates
DQDaqo New Energy(DQ) ZACKS·2025-04-29 13:25

Group 1: Earnings Performance - Daqo New Energy reported a quarterly loss of $1.07 per share, which was worse than the Zacks Consensus Estimate of a loss of $1.02, and a significant decline from earnings of $0.24 per share a year ago, indicating an earnings surprise of -4.90% [1] - The company posted revenues of $123.91 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 36.13%, and a substantial decrease from year-ago revenues of $415.31 million [2] - Daqo has not surpassed consensus EPS estimates over the last four quarters, and its shares have lost about 23.8% since the beginning of the year, compared to a decline of -6% for the S&P 500 [3][2] Group 2: Future Outlook - The company's earnings outlook will be crucial for determining the stock's immediate price movement, with current consensus EPS estimates at -$0.90 on $207.1 million in revenues for the coming quarter and -$2.27 on $933.37 million in revenues for the current fiscal year [4][7] - The estimate revisions trend for Daqo is currently unfavorable, resulting in a Zacks Rank 5 (Strong Sell), indicating expected underperformance in the near future [6] - The outlook for the Chemical - Specialty industry, where Daqo operates, is in the bottom 40% of Zacks industries, which may negatively impact the stock's performance [8]