Daqo New Energy ADR earnings, Revenue miss in Q3

  • Investing.com
Daqo New Energy ADR earnings, Revenue miss in Q3

Investing.com - Daqo New Energy ADR reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Daqo New Energy ADR announced earnings per share of $0.84 on revenue of $1.22. Analysts polled by Investing.com anticipated EPS of $7.28 on revenue of $1.23B.

Daqo New Energy ADR shares are up 15% from the beginning of the year and are trading at $46.37 , down-from-52-week-high.

Daqo New Energy ADR follows other major Information Technology sector earnings this month

Daqo New Energy ADR's report follows an earnings beat by Apple on Thursday, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.

Microsoft had beat expectations on Tuesday with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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