JinkoSolar set to report Q4 earnings; revenue down, potential challenges, neutral.

From NASDAQ: 2025-03-24 07:08:00

JinkoSolar Holding Co., Ltd. (JKS) is set to report fourth-quarter 2024 results on March 26. In the last quarter, the company had a significant earnings surprise. Healthy module shipments are expected to boost revenues, but a decline in average selling prices may impact overall performance.

The Zacks Consensus Estimate for JKS’ fourth-quarter revenues is $3.59 billion, down 22.5% year-over-year. The company’s gross margin may be negatively affected by declining module prices, impacting its bottom line. Expectations for a loss of 46 cents per share highlight potential challenges.

Despite launching the Tiger Neo 3.0 solar panel, JKS faces obstacles like interest expenses and increased shipping costs. The Zacks Model doesn’t predict an earnings beat this quarter due to a flat Earnings ESP of 0.00% and a Zacks Rank #3. Competitors like Enphase Energy and SolarEdge Technologies have reported mixed results.

First Solar reported fourth-quarter earnings of $3.65 per share, beating revenue estimates. This contrasts with SolarEdge Technologies, which reported a wider loss per share. Enphase Energy reported strong earnings and revenue growth. Check out the 7 best stocks for the next 30 days for expert recommendations.



Read more at NASDAQ: JinkoSolar to Report Q4 Earnings: What’s in the Cards?