JinkoSolar (JKS) Tops Q4 EPS by 94c, Beats on Revenue; Offers Guidance

JinkoSolar (NYSE: JKS) reported Q4 EPS of RMB18.46, RMB0.94 better than the analyst estimate of RMB17.52. Revenue for the quarter came in at RMB32.83 billion versus the consensus estimate of RMB30.32 billion.

First Quarter and Full Year 2024 Guidance

The Company\'s business outlook is based on management\'s current views and estimates with respect to market conditions, production capacity, the Company\'s order book and the global economic environment. This outlook is subject to uncertainty on final customer demand and sale schedules. Management\'s views and estimates are subject to change without notice.

For the first quarter of 2024, the Company expects its module shipments to be in the range of 18.0 GW to 20.0 GW.

For full year 2024, the Company estimates its module shipments to be in the range of 100.0 GW to 110.0 GW.

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

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