PDD is expected to report a significant increase in earnings while DQ is expected to decrease.

From Nasdaq: 2024-08-23 16:00:02

Prior to market open on 08/26/2024, PDD Holdings Inc. (PDD) is set to report earnings for the quarter ending June 30, 2024. Analysts forecast a consensus earnings per share of $2.66, a significant 109.45% increase from the same period last year. PDD has consistently exceeded expectations in the past year, with a strong 2024 Price to Earnings ratio of 12.90 compared to an industry ratio of 4.10.

DAQO New Energy Corp. (DQ) is also reporting earnings on the same day for the quarter ending June 30, 2024. The chemical company’s consensus earnings per share forecast is $-0.24, reflecting a 117.91% decrease from the previous year. Despite this decrease, DQ boasts a strong 2024 Price to Earnings ratio of 32.76 compared to an industry ratio of 25.40.



Read more at Nasdaq:: Pre-Market Earnings Report for August 26, 2024 : PDD, DQ