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Thursday, November 19, 2015

JinkoSolar Holding (JKS) reported earnings Thur 19 Nov 15 (b/o)

** charts before earnings **






** charts after earnings **






JinkoSolar Holding beats by $0.23, beats on revs; raises low end of FY15 shipment guidance :
  • Reports Q3 (Sep) earnings of $1.04 per share, excluding non-recurring items, $0.23 better than the Capital IQ Consensus of $0.81; rev +27% to $637.6 mln vs. $568 mln consensus.
    • Total solar module shipments were 1,134.5 MW, which includes 70.6 MW earmarked for use in the Company's downstream projects, vs. the 1-1.1 GW guidance.

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