JinkoSolar Announces Third Quarter 2018 Financial Results

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Go back to JinkoSolar Announces Third Quarter 2018 Financial Results

JinkoSolar (JKS) Reports Q3 EPS of $0.76, Revenues Beat

November 26, 2018 5:53 AM EST

JinkoSolar (NYSE: JKS) reported Q3 EPS of $0.76. Revenue for the quarter came in at $974.8 million versus the consensus estimate of $934.62 million.

Total solar module shipments were 2,953 megawatts ("MW") (including 0.2 MW to the Company's overseas downstream segment for which no revenue has been recognized), an increase of 5.7% from 2,794 MW in the second quarter of 2018 and an increase of 24.4% from 2,374 MW in the third quarter of 2017.Total revenues were RMB6.69 billion (US$974.8 million), an increase of 10.5% from the second quarter of 2018 and an increase of 4.3% from the third quarter of... More