Daqo New Energy (DQ) Misses Q1 EPS by 14c, provides production guidance

Daqo New Energy (NYSE: DQ) reported Q1 EPS of $0.55, $0.14 worse than the analyst estimate of $0.69. Revenue for the quarter came in at $415.3 million versus the consensus estimate of $498.7 million.

Outlook and guidance

The Company expects to produce approximately 60,000MT to 63,000MT of polysilicon during the second quarter of 2024. The Company expects to produce approximately 280,000MT to 300,000MT of polysilicon for the full year of 2024, inclusive of the impact of the Company\'s annual facility maintenance.

For earnings history and earnings-related data on Daqo New Energy (DQ) click here.

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