JinkoSolar Announces First Quarter 2017 Financial Results

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Go back to JinkoSolar Announces First Quarter 2017 Financial Results

JinkoSolar (JKS) Misses Q1 EPS by 11c, Sales Beat

June 5, 2017 6:02 AM EDT

JinkoSolar (NYSE: JKS) reported Q1 EPS of $0.36, $0.11 worse than the analyst estimate of $0.47. Revenue for the quarter came in at $839.3 million versus the consensus estimate of $780.08 million.

Total solar module shipments were 2,068 megawatts ("MW"), an increase of 19.3% from 1,733 MW in the fourth quarter of 2016 and an increase of 29.3% from 1,600 MW in the first quarter of 2016.Total revenues were RMB5.78 billion (US$839.3 million), an... More