JinkoSolar Holding Co Ltd expected to post a loss of 29 cents a share - Earnings Preview

Reuters
25 Oct 2024

* JinkoSolar Holding Co Ltd is expected to show a fall in quarterly revenue when it reports results on October 30 for the period ending January 1 0001

* The Shangrao Jiangxi-based company is expected to report a 26.7% decrease in revenue to $3.2 billion from $4.36 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 29 cents per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "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 $23.50​, above​ its last closing price of $21.55. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

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. 1.67 1.65 3.52 Beat 113.8

30 2023

Mar. 31 2023 0.43 0.44 2.31 Beat 425​

Dec. 31 2022 0.97 1.21 0.82 Missed -32.2

Sep. 30 2022 0.71 0.71 0.91 Beat 27

This summary was machine generated October 25 at 13:13 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)

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