JinkoSolar Announces Second Quarter 2017 Financial Results

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JinkoSolar (JKS) Misses Q2 EPS, Sales Beat

September 6, 2017 6:04 AM EDT

JinkoSolar (NYSE: JKS) reported Q2 EPS of $0.28, $0.41 worse than the analyst estimate of $0.69. Revenue for the quarter came in at $1.17 billion versus the consensus estimate of $998.15 million.

Total solar module shipments were 2,884 megawatts ("MW"), an increase of 39.5% from 2,068 MW in the first quarter of 2017 and an increase of 68.1% from 1,716 MW in the second quarter of 2016.Total revenues were RMB7.92 billion (US$1.17 billion), an... More