JinkoSolar (JKS) Misses Q2 EPS by 6c; Guides Q3, FY16 Shipments

Go back to JinkoSolar (JKS) Misses Q2 EPS by 6c; Guides Q3, FY16 Shipments

JinkoSolar (JKS) Enters $25M Combined Tradeline Agreement with Maybank

August 26, 2016 6:57 AM EDT

JinkoSolar Holding Co., Ltd. (NYSE: JKS), a global leader in the photovoltaic (PV) industry, today announced that JinkoSolar Technology SDN BHD ("JinkoSolar Malaysia"), a subsidiary of the Company, has signed a USD25 million combined tradeline agreement with Malayan Banking Berhad ("Maybank"). This financing will... More

Emerging Solar Markets Remain Key for JinkoSolar (JKS); Roth Capital Affirms at 'Neutral'

August 26, 2016 6:45 AM EDT

Roth Capital affirms JinkoSolar (NYSE: JKS) at Neutral with a price target of $18 following Q2 results on Thursday.

Analyst Philip Shen offered the following overall thoughts on the numbers, noting that management sees emerging solar markets as key moving forward:

JKS delivered external shipment volumes near the midpoint of guidance, while margins were a bit lower-than-expected as tariffs on... More