JinkoSolar Holding Co Ltd expected to post a loss of 76 cents a share - Earnings Preview

Reuters04-24

* JinkoSolar Holding Co Ltd is expected to show a fall in quarterly revenue when it reports results on April 29 for the period ending March 31 2024

* The Shangrao Jiangxi-based company is expected to report a 4.4% decrease in revenue to $3.249 billion from $3.4 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 76 cents per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 5 "hold" and 2 "sell" or "strong sell."

* The mean earnings estimate of analysts had risen by about 3.5% in the last three months. ​

* Wall Street's median 12-month price target for JinkoSolar Holding Co Ltd is $26.50​, above​ its last closing price of $22.88. ​​​

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

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

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. 0.97 1.21 0.82 Missed -32.2

31 2022

Sep. 30 2022 0.71 0.71 0.91 Beat 27​

Jun. 30 2022 0.36 0.58 -1.11 Missed -292.6

Mar. 31 2022 0.09 0.55 0.10 Missed -81.8

This summary was machine generated April 24 at 12:50 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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