JinkoSolar Holding Co Q3 GAAP EPS $2.53 Beats $1.44 Estimate, Sales $4.36B Beat $4.19B Estimate
Portfolio Pulse from Benzinga Newsdesk
JinkoSolar Holding Co (NYSE:JKS) reported Q3 earnings of $2.53 per share, beating the analyst consensus estimate of $1.44 by 75.69%. This is a 130% increase from the same period last year. The company also reported quarterly sales of $4.36 billion, beating the analyst consensus estimate of $4.19 billion by 4.06%. This is a 58.89% increase from the same period last year.
October 30, 2023 | 10:56 am
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POSITIVE IMPACT
JinkoSolar's Q3 earnings and sales beat estimates, indicating strong financial performance. This could potentially lead to a short-term increase in the company's stock price.
JinkoSolar's Q3 earnings and sales have significantly exceeded analyst estimates, indicating strong financial performance. This positive news is likely to increase investor confidence and could potentially lead to a short-term increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100