Analyst Estimates for Daqo New Energy Q1 Loss Plummet 337% Ahead of Report
Summary
Daqo New Energy Corp is expected to report a loss of 35 cents per share for the quarter ending March 31, 2026, with results due on April 29. This expectation is particularly notable because the mean earnings estimate from analysts has fallen by approximately 337.5% over the last three months, signaling a significant deterioration in profit outlook. While the company is also projected to see a 50.3% increase in revenue, the sharp decline in profit expectations is a material concern for investors. This follows the company's recent 20-F filing on April 20, which reported substantial net losses for the full years 2024 and 2025, indicating a persistent negative earnings trend. Traders will be closely watching the actual earnings release for confirmation of these revised expectations and any further guidance.
At the time of this announcement, DQ was trading at $22.73 on NYSE in the Manufacturing sector, with a market capitalization of approximately $1.6B. The 52-week trading range was $12.41 to $36.59. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Reuters.