Benzinga | Nov 23, 2020 06:58AM EST

Daqo New Energy Q3 EPS $0.33 Beats $0.32 Estimate, Sales $125.50M Miss $139.13M Estimate

Daqo New Energy (NYSE:DQ) reported quarterly earnings of $0.33 per share which beat the analyst consensus estimate of $0.32 by 3.13 percent. This is a 50.75 percent decrease over earnings of $0.67 per share from the same period last year. The company reported quarterly sales of $125.50 million which missed the analyst consensus estimate of $139.13 million by 9.80 percent. This is a 49.57 percent increase over sales of $83.91 million the same period last year.