JinkoSolar Holding Co Ltd reports results for the quarter ended in September - Earnings Summary

JinkoSolar Holding

30/10/2023 13:31

* JinkoSolar Holding Co Ltd  JKS.N  reported quarterly
adjusted
earnings of 88 cents​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for earnings of $1.44 per share.
    * Revenue rose 59% to $4.36 billion from a year ago;
analysts
expected $4.19 billion. 
    * JinkoSolar Holding Co Ltd's reported EPS for the quarter
was 63
cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * JinkoSolar Holding Co Ltd shares had fallen by 14.8% this
quarter and lost 36.7% so far this year.
    * The company reported quarterly net income of $181.38
million.
    * Wall Street's median 12-month price target for JinkoSolar
Holding Co Ltd is $52.20 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 30 at 01:30 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      1.44           0.88           Missed
 Jun. 30 2023      1.65           3.52           Beat
 Mar. 31 2023      0.44           2.31           Beat
 Dec. 31 2022      1.21           0.82           Missed