JinkoSolar Holding Co Q2 Adj EPADS $3.52 Beats $2.08 Estimate, Sales $4.23B Beat $4.18B Estimate
Portfolio Pulse from Benzinga Newsdesk
JinkoSolar Holding Co (NYSE:JKS) reported Q2 earnings of $3.52 per share, beating the analyst consensus estimate of $2.08 by 69.23%. This is a 217.12% increase from the same period last year. The company also reported quarterly sales of $4.23 billion, beating the analyst consensus estimate of $4.18 billion by 1.24%. This is a 50.44% increase from the same period last year.
August 14, 2023 | 10:27 am
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POSITIVE IMPACT
JinkoSolar's Q2 earnings and sales significantly exceeded estimates, indicating strong financial performance. This could positively impact the company's stock price in the short term.
JinkoSolar's Q2 earnings and sales beat estimates by a significant margin, indicating strong financial performance. This positive news is likely to increase investor confidence and could lead to an increase in the company's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100