Daqo New Energy (DQ) Reports Q1 Loss, Lags Revenue Estimates

Daqo New Energy (DQ) came out with a quarterly loss of $1.07 per share versus the Zacks Consensus Estimate of a loss of$ 1.02. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4.90%. A quarter ago, it was expected that this solar panel parts maker would post a loss of$ 0.61 per share when it actually produced a loss of $2.71, delivering a surprise of -344.26%.Over the last four quarters, the ...