Earnings Preview For JinkoSolar Holding Co
Portfolio Pulse from Benzinga Insights
JinkoSolar Holding Co (NYSE:JKS) is scheduled to release its quarterly earnings report on March 20, 2024, with an estimated EPS of $2.50. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. JinkoSolar's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat leading to a 10.32% increase in share price. However, the stock has seen a 45.15% decline over the last 52 weeks, indicating long-term shareholder dissatisfaction.
March 19, 2024 | 3:01 pm
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JinkoSolar Holding Co is anticipated to report quarterly earnings with an EPS estimate of $2.50. Past performance shows significant price movements post-earnings, with a notable 10.32% increase after last quarter's beat. However, the stock has experienced a 45.15% decline over the past year, reflecting broader investor sentiment.
Given JinkoSolar's history of significant stock price movements post-earnings, the upcoming report could positively impact the stock, especially if it beats the EPS estimate and provides strong guidance. However, the overall negative trend over the past year suggests caution.
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IMPORTANCE 90
RELEVANCE 100