JinkoSolar Holding Earnings Preview: Get Ahead of the Analysts

JinkoSolar Holding Co. (NYSE:JKS) will report earnings before markets open on Friday, June 7th. JinkoSolar Holding Company Limited manufactures solar products. The Company produces silicon wafers, solar cells and solar modules.

Here is your Cheat Sheet to Jinkosolar Holding Co. Earnings:

Earnings Expectations: Analysts expect earnings of $-1.66 per share on revenues of $168.25 million.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a loss of $0.63 to a loss $1.68. For the current year, the average estimate is a loss of $5.32, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Jinkosolar Holding Co. has been performing on an annual basis:

Fiscal Year 2009 2010 2011 2012
Revenue ($) in millions 229 705 1,173 770
Diluted EPS ($) -0.43 6.62 -0.78 -11.16

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 168.33 194.87 221.06 187.34
Diluted EPS ($) -2.55 -2.20 -0.39 -5.51

Past Performance:
Jinkosolar Holding Co. has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)