JinkoSolar Holding Co JKS is set to give its latest quarterly earnings report on Wednesday, 2024-10-30. Here's what investors need to know before the announcement.
Analysts estimate that JinkoSolar Holding Co will report an earnings per share (EPS) of $-0.29.
The market awaits JinkoSolar Holding Co's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Earnings History Snapshot
The company's EPS beat by $0.82 in the last quarter, leading to a 0.0% drop in the share price on the following day.
Here's a look at JinkoSolar Holding Co's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.17 | -0.76 | 2.21 | 1.44 |
| EPS Actual | 0.99 | 0.57 | 1.21 | 3.31 |
| Price Change % | 6.0% | -3.0% | -5.0% | 10.0% |
Performance of JinkoSolar Holding Co Shares
Shares of JinkoSolar Holding Co were trading at $27.7 as of October 28. Over the last 52-week period, shares are down 22.0%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
To track all earnings releases for JinkoSolar Holding Co visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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