JinkoSolar Holding Co., Ltd. JKS is expected to report first-quarter 2025 results on April 29, 2025, before the opening bell.
In the last reported quarter, the company delivered a negative earnings surprise of 119.57%. However, JinkoSolar has a trailing four-quarter average earnings surprise of 511.33%. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)
Healthy module shipment, particularly to the United States, Europe and India, backed by increasing solar demand, is expected to have contributed favorably to the company’s first-quarter revenues. However, demand volatility in some overseas markets, leading to lower orders in the recent past, is expected to have hurt module shipments for JKS, thereby affecting its overall quarterly revenues to some extent.
Additionally, the ongoing decline in the average selling price of modules is likely to have resulted in lower revenues from module sales on a year-over-year basis.
The Zacks Consensus Estimate for JKS’ first-quarter revenues is pegged at $1.81 billion, indicating a decline of 43.3% from the year-ago quarter’s reported figure.
The declining average selling price of solar modules is expected to have negatively impacted the company's gross margin. This, along with dismal revenue expectations as well as the elimination of obsolete production capacity, is likely to have adversely impacted JKS’ overall bottom-line performance.
The Zacks Consensus Estimate for first-quarter earnings is pegged at a loss of $1.45 per share, indicating a deterioration from the year-ago quarter’s earnings of 39 cents.
JinkoSolar Holding Company Limited price-eps-surprise | JinkoSolar Holding Company Limited Quote
Our proven model does not conclusively predict an earnings beat for JinkoSolar this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat, which is not the case here.
Earnings ESP: JKS’ Earnings ESP is 0.00%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.
Zacks Rank: JinkoSolar currently carries a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here.
Investors can consider the following players from the same industry, which have the right combination of elements to post an earnings beat in their quarterly results.
Nextracker Inc. NXT is scheduled to report its fiscal fourth-quarter 2025 results on May 14, after market close. It has an Earnings ESP of +2.76% and a Zacks Rank of 3 at present.
The Zacks Consensus Estimate for sales is pegged at $828.3 million, which indicates a 12.5% improvement from the year-ago quarter’s figure. The consensus estimate for earnings is pinned at 98 cents per share, which indicates year-over-year growth of 2.1%.
Array Technologies ARRY is scheduled to report its first-quarter 2025 results on May 6, before market open. It has an Earnings ESP of +4.65% and a Zacks Rank of 3 at present.
The Zacks Consensus Estimate for sales is pegged at $263.1 million, which indicates a 71.5% improvement from the year-ago quarter’s figure. The consensus estimate for earnings is pinned at nine cents per share, which indicates year-over-year growth of 50%.
Shoals Technologies Group SHLS is scheduled to report its first-quarter 2025 results on May 6, before market open. It has an Earnings ESP of +3.23% and a Zacks Rank of 3 at present.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
JinkoSolar Holding Company Limited (JKS) : Free Stock Analysis Report
Array Technologies, Inc. (ARRY) : Free Stock Analysis Report
Shoals Technologies Group, Inc. (SHLS) : Free Stock Analysis Report
Nextracker Inc. (NXT) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。