Benzinga | Aug 18, 2021 07:09AM EDT

Daqo New Energy Q2 EPS $3.03 Beats $2.54 Estimate, Sales $441.37M Beat $407.00M Estimate

Daqo New Energy (NYSE:DQ) reported quarterly earnings of $3.03 per share which beat the analyst consensus estimate of $2.54 by 19.29 percent. This is a 544.68 percent increase over earnings of $0.47 per share from the same period last year. The company reported quarterly sales of $441.37 million which beat the analyst consensus estimate of $407.00 million by 8.44 percent. This is a 230.57 percent increase over sales of $133.52 million the same period last year.