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Stock impact report

JinkoSolar Holding Co., Ltd. (NYSE:JKS) Analysts Are Way More Bearish Than They Used To Be [Yahoo! Finance]

JinkoSolar Holding Company Limited American Depositary Shares (each representing 4 Common Shares) (JKS) 
Last jinkosolar holding company limited american depositary shares (each representing 4 common shares) earnings: 3/13 06:43 am Check Earnings Report
US:NYSE Investor Relations: ir.jinkosolar.com
Company Research Source: Yahoo! Finance
their statutory estimates that might leave shareholders a little shell-shocked. Both revenue and earnings per share (EPS) forecasts went under the knife, suggesting the analysts have soured majorly on the business. After the downgrade, the consensus from JinkoSolar Holding's six analysts is for revenues of CN¥82b in 2025, which would reflect a considerable 11% decline in sales compared to the last year of performance. Following this this downgrade, earnings are now expected to tip over into loss-making territory, with the analysts forecasting losses of CN¥21.22 per share in 2025. Prior to this update, the analysts had been forecasting revenues of CN¥105b and earnings per share (EPS) of CN¥14.49 in 2025. There looks to have been a major change in sentiment regarding JinkoSolar Holding's prospects, with a sizeable cut to revenues and the analysts now forecasting a loss instead of a profit. See our latest analysis for JinkoSolar Holding The consensus price target fell 5.9% to US$33 Show less Read more
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