JinkoSolar (JKS) Announces Strategic Plan of its Subsidiary to Access China's Capital Markets
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
JinkoSolar (JKS) Tops Q2 EPS by 59c, Revenues Beat
September 23, 2020 6:12 AM EDTJinkoSolar (NYSE: JKS) reported Q2 EPS of $1.20, $0.59 better than the analyst estimate of $0.61. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.14 billion.
Second Quarter 2020 Operational and Financial Highlights
Total solar module shipments were 4,469 megawatts ("MW"), within JinkoSolar's guidance range of 4.2 GW to 4.5 GW, an increase of 31.0% from 3,411 MW in the first quarter of 2020 and an increase of 32.0% from 3,386 MW in the second quarter of 2019.Total revenues were RMB8.45 billion (US$1.20 billion), exceeding JinkoSolar\'s guidance range of US$1.10 billion to US$1.18 billion; a decrease of... More