JinkoSolar Holding Co. (JKS) Set to Announce Quarterly Earnings on Tuesday
JinkoSolar Holding Co. (NYSE:JKS) is set to announce its Q114 earnings results on Tuesday, May 27th. Analysts expect the company to announce earnings of $0.40 per share and revenue of $288.50 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.
JinkoSolar Holding Co. (NYSE:JKS) last released its earnings data on Monday, March 3rd. The company reported $1.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.65. The company had revenue of $361.40 million for the quarter, compared to the consensus estimate of $346.63 million. During the same quarter in the previous year, the company posted ($1.26) earnings per share. On average, analysts expect JinkoSolar Holding Co. to post $3.44 EPS for the current fiscal year and $4.79 EPS for the next fiscal year.
JinkoSolar Holding Co. (NYSE:JKS) opened at 25.86 on Monday. JinkoSolar Holding Co. has a 1-year low of $7.25 and a 1-year high of $37.98. The stock’s 50-day moving average is $26.92 and its 200-day moving average is $29.71. The company has a market cap of $698.5 million and a P/E ratio of 19.82.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of JinkoSolar Holding Co. from an “outperform” rating to a “neutral” rating in a research note on Monday, April 28th. They now have a $33.50 price target on the stock. On the ratings front, analysts at Barclays initiated coverage on shares of JinkoSolar Holding Co. in a research note on Monday, April 7th. They set an “overweight” rating and a $51.00 price target on the stock. Finally, analysts at Dougherty & Co initiated coverage on shares of JinkoSolar Holding Co. in a research note on Tuesday, March 11th. They set a “buy” rating on the stock. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $43.74.
JinkoSolar Holding Co, Ltd. (NYSE:JKS) is a solar power product manufacturer.
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