JinkoSolar Announces Fourth Quarter and Full Year 2016 Financial Results

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JinkoSolar (JKS) Tops Q4 Views

February 27, 2017 6:17 AM EST

JinkoSolar (NYSE: JKS) reported Q4 non-GAAP EPS of $1.04, $0.39 better than the analyst estimate of $0.65. Revenue for the quarter came in at $737.7 million versus the consensus estimate of $715.13 million.

Total solar module shipments were 1,733 megawatts (\"MW\"), an increase of 7.9% from 1,606 MW in the third quarter of 2016 and an increase of 1.3% from 1,710 MW in the fourth quarter of 2015.Total revenues were RMB5.12 billion (US$737.6 million), a decrease of 3.9% from the third quarter of 2016 and a decrease of 13.7% from the fourth... More