JinkoSolar Announces First Quarter 2015 Financial Results
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May 29, 2015 10:48 AM EDT
Roth Capital raffirms JinkoSolar Holding Co., Ltd. (NYSE: JKS) with a Buy rating and $40 price target following Q1 reuslts and outlook issued Thursday.
Analyst Philip Shen noted that stronger volume offset weaker margins for JinkoSolar in the latest quarter, leading to strong top- and bottom-line results.
Shen offered the following oveall thoughts: While JKS is arguably a leader and best-in-class player as a module vendor, we believe JKS Power, the growing solar IPP subsidiary, is the key to the stock looking... More
May 28, 2015 6:17 AM EDT
JinkoSolar (NYSE: JKS) reported Q1 EPS of $0.88, $0.48 better than the analyst estimate of $0.40. Revenue for the quarter came in at $443.5 million versus the consensus estimate of $372.17 million.
Total solar product shipments to the third parties amounted to 789.2 megawatts ("MW"), consisting of 703.5 MW of solar modules, 53.3 MW of... More
