JinkoSolar (JKS) Misses Q4 EPS by 25c, Revenue Beats, Offers Guidance

JinkoSolar (NYSE: JKS) reported Q4 EPS of $0.11, $0.25 worse than the analyst estimate of $0.36. Revenue for the quarter came in at $1.44 billion versus the consensus estimate of $1.38 billion.

GUIDANCE:

JinkoSolar sees Q1 2021 revenue of $1.18-1.3 billion, versus the consensus of $1.31 billion.

• Gross margin for the first quarter is expected to be between 12% and 15%.
• For the first quarter of 2021, the Company expects total solar module shipments to be in the range of 4.5 GW to 5.0 GW.
• For full year 2021, the Company estimates total shipments (including solar cell and wafer) to be in the range of 25 GW to 30 GW.

For earnings history and earnings-related data on JinkoSolar (JKS) click here.

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