The earnings of the company are due to be released next 20th August.
Jinko Solar: Earnings On The Way
JinkoSolar Holding Company Limited (NYSE:JKS) has lost 0.33% during the past week and dropped 17.04% in the last 4 weeks. However, the shares are negative compared to the S&P 500 for the past week with a loss of 1.48%. JinkoSolar Holding Company Limited compared to NYSE (NYSE:JKS) has underperformed the index by 18.11% in the last 4 weeks. Investors should watch out for further signals and trade with caution. Moreover JinkoSolar Holding Co., Ltd. has dropped 17.07% during the last 3-month period and year-to-Date the stock performance stands at 21.06%.
JinkoSolar Holding Company Limited (NYSE:JKS) is next scheduled to report quarterly earnings on 2015-08-20. Sell-side brokerages are expecting the company to report earnings of $0.83 per share, according to the 4 covering analysts that were polled by Zacks Research. Shareholders will be closely monitoring how the estimates fluctuate leading up to the expected report date.
In terms of price targets, sell-side brokerage firms are projecting that the stock will reach the range of $28-40. The average number taken from the 4 surveyed analysts, often referred to as the consensus price target, stands at $34.125.