JinkoSolar Holding Co JKS is expected to release its latest quarterly earnings report on Friday 2022-08-26. Here’s what investors need to know ahead of the announcement.
Analysts estimate that JinkoSolar Holding Co will report a earnings per share (EPS) of $0.31.
JinkoSolar Holding Co bulls are hoping to hear the company announce that it not only exceeded that estimate, but also provide some positive indications or expected growth for the next quarter.
New investors should note that sometimes it’s not an earnings beat or miss that most affects a stock’s price, but direction (or forecast).
Historical Earnings Performance
Last quarter, the company missed EPS by $0.50, followed by a 3.95% decline in share price the next day.
Here’s a look at JinkoSolar Holding Co’s past performance and the resulting price change:
Price change %
Shares of JinkoSolar Holding Co were trading at $57.69 as of Aug. 24. Over the past 52-week period, shares have risen 31.81%. Since these returns are generally positive, long-term shareholders are likely optimistic ahead of this earnings release.
To follow all earnings releases for JinkoSolar Holding Co, visit their earnings calendar on our site.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.