JinkoSolar Holding Co Ltd JKS.N, JKS is expected to show a fall in quarterly revenue when it reports results on March 26 for the period ending December 31 2024
The Shangrao Jiangxi-based company is expected to report a 30.1% decrease in revenue to $3.231 billion from $4.62 billion a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
LSEG's mean analyst estimate for JinkoSolar Holding Co Ltd is for a loss of 42 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 3 "hold" and 3 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for JinkoSolar Holding Co Ltd is $25.00, above its last closing price of $22.57.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
-0.23
-0.29
0.09
Beat
132.4
Jun. 30 2024
-0.35
0.17
0.99
Beat
494
Mar. 31 2024
-0.68
-0.76
0.57
Beat
175
Dec. 31 2023
2.38
2.50
1.21
Missed
-51.6
Sep. 30 2023
1.45
1.44
3.31
Beat
129.9
Jun. 30 2023
1.67
1.65
3.52
Beat
113.8
Mar. 31 2023
0.43
0.44
2.31
Beat
425
Dec. 31 2022
0.97
1.21
0.82
Missed
-32.2
This summary was machine generated March 24 at 12:47 GMT. 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)