JKS Stock Recent News

China's economy and global power will benefit from clean energy and associated technologies, with JinkoSolar as the leader in solar module manufacturing. JinkoSolar has presented excellent results, shipping over 78GW of equipment and posting $1 billion in net profit. The company's success is attributed to its forward-looking strategy, operational efficiency, and early adoption of N-type solar panel technology.

SHANGRAO, China , April 22, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it plans to release its unaudited financial results for the first quarter ended March 31, 2024 before the open of U.S. markets on Monday, April 29, 2024.

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JinkoSolar's (JKS) fourth-quarter revenues of $4.62 billion beat the Zacks Consensus Estimate by 13.3%. The top line rises 9.4% on a year-over-year basis.

JinkoSolar Holding Co., Ltd. (JKS) Q4 2023 Earnings Call Transcript

JinkoSolar was supposed to earn $2.50 per share in Q4. It earned $0.02 per share instead.

SHANGRAO, China , March 13, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it plans to release its unaudited financial results for the fourth quarter and full year ended December 31, 2023 before the open of U.S. markets on Wednesday, March 20, 2024.

Despite strong technological advantages and resilient and robust business growth throughout 2023, JinkSolar faces many challenges, including bearish sentiment towards the Chinese economy and renewable energy, as well as weak cash. Rated “Hold” with a target price of $32 per share, waiting for catalysts such as business consolidation, improvement in cash flow management, and positive macroeconomic factors. Key catalysts to watch for include JinkoSolar's Q4 2023 and annual reports, potential interest rate cuts by the Federal Reserve Bank, and Chinese economic data updates.