JinkoSolar Holding Co Earnings Preview
Portfolio Pulse from Benzinga Insights
JinkoSolar Holding Co (NYSE:JKS) is set to release its quarterly earnings report on October 30, 2024. Analysts expect an EPS of $-0.29. The market is hopeful for positive guidance, which can significantly impact stock prices. Previously, JinkoSolar's EPS beat estimates but did not lead to a positive price change. Shares are currently trading at $27.7, down 22% over the past year.
October 29, 2024 | 6:01 pm
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JinkoSolar Holding Co is expected to report an EPS of $-0.29. The market is hopeful for positive guidance, which could drive stock prices. Despite past EPS beats, share prices have not always reacted positively.
The upcoming earnings report is crucial for JinkoSolar as it may influence short-term stock price movements. While the EPS is expected to be negative, the market is looking for positive guidance. Historically, even when EPS beat estimates, the stock price did not always increase, indicating that guidance and market sentiment play significant roles.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100