Daqo New Energy (DQ) to Post Q1 Earnings: What's in Store?

Daqo New Energy Corp. (DQ) is slated to release first-quarter 2024 results before the opening bell on Apr 29.This leading producer of high-purity polysilicon missed the Zacks Consensus Estimate for earnings in each of the trailing four quarters. In this timeframe, it delivered a negative earnings surprise of 58.7%, on average. It delivered a negative earnings surprise of 23.8% in the last reported quarter. The company is likely to have gained from higher prices, healthy demand for polysilicon and actions to ...