JinkoSolar (JKS) Q4 Earnings Miss Estimates, Sales Rise Y/Y

JinkoSolar Holding Co. Ltd. (JKS) reported adjusted fourth-quarter 2023 earnings per American Depositary Share (ADS) of $1.21, which missed the Zacks Consensus Estimate of $2.32 by 47.8%.The company reported GAAP earnings of 8 cents per ADS in the fourth quarter.For 2023, the company recorded adjusted earnings per ADS of $10.15, which missed the Zacks Consensus estimate of $11.36.Total RevenuesIn the quarter under review, JinkoSolar’s total revenues of $4.62 billion surpassed the Zacks Consensus Estimate of ...