Daqo New Energy (DQ) Misses Q1 Earnings and Revenue Estimates

Daqo New Energy (DQ) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $3.52 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -57.14%. A quarter ago, it was expected that this solar panel parts maker would post earnings of $0.84 per share when it actually produced earnings of $0.64, delivering a surprise of -23.81%.Over the last four quarte ...