• Daqo New Energy Corp DQ.N reported a quarterly adjusted loss of 11 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-2.71. The mean expectation of four analysts for the quarter was for a loss of 17 cents per share. Wall Street expected results to range from -31 cents to -4 cents per share.

• Revenue rose 13.5% to $221.71 million from a year ago; analysts expected $273.70 million.

• Daqo New Energy Corp's reported EPS for the quarter was a loss of 11 cents​.

• The company reported a quarterly loss of $7.28 million.

• Daqo New Energy Corp shares had fallen by 14.9% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 337.5% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the renewable energy equipment & services peer group is also "buy"

• Wall Street's median 12-month price target for Daqo New Energy Corp is $35.00, about 28.3% above its last closing price of $25.10

This summary was machine generated from LSEG data February 26 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)