Daqo
Daqo New Power (DQ) got here out with quarterly earnings of $1.43 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $1.16 per share a 12 months in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of 57.14%. 1 / 4 in the past, it was anticipated that this photo voltaic panel components maker would submit earnings of $0.43 per share when it really produced earnings of $0.34, delivering a shock of -20.93%.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates two instances.
Daqo, which belongs to the Zacks Chemical – Specialty trade, posted revenues of $118.92 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 0.10%. This compares to year-ago revenues of $75.60 million. The corporate has topped consensus income estimates two instances during the last 4 quarters.
The sustainability of the…