JinkoSolar Announces Second Quarter 2018 Financial Results

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JinkoSolar (JKS) Misses Q2 EPS by 14c, Beats on Revenues

August 13, 2018 7:03 AM EDT

JinkoSolar (NYSE: JKS) reported Q2 EPS of $0.41, $0.14 worse than the analyst estimate of $0.55. Revenue for the quarter came in at $915.9 million versus the consensus estimate of $909.56 million.

Total solar module shipments were 2,794 megawatts ("MW") (including 200 MW to the Company\'s overseas downstream segment for which no revenue has been recognized), an increase of 38.7% from 2,015 MW in the first quarter... More