Preview: JinkoSolar Holding Co's Earnings
Portfolio Pulse from Benzinga Insights
JinkoSolar Holding Co (NYSE:JKS) is set to release its latest quarterly earnings report on October 30, 2023. Analysts estimate an earnings per share (EPS) of $1.44. The company's past performance shows a pattern of beating EPS estimates but experiencing a drop in share price. Over the last 52-week period, JinkoSolar's shares are down 45.55%.
October 27, 2023 | 7:02 pm
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JinkoSolar is expected to report an EPS of $1.44. Despite beating EPS estimates in the past, the company's share price has typically dropped. Over the past year, shares are down 45.55%.
JinkoSolar has a history of beating EPS estimates but this has not translated into a rise in share price. In fact, the share price has typically dropped after earnings announcements. Given this pattern and the fact that shares are down significantly over the past year, it is likely that the upcoming earnings report could lead to further downward pressure on the stock.
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