JinkoSolar Holding Co Ltd (JKS) reported disappointing financial results for the third quarter of fiscal 2025, with an earnings per share (EPS) of $-16.35, significantly lower than Wall Street's consensus estimate of $-1.89. Revenue for the quarter reached $17.8 billion, falling short of the anticipated $2.6 billion.
The stark discrepancy in earnings reflects ongoing challenges within the solar industry, which JinkoSolar navigates as a prominent manufacturer of solar modules. The company, which operates a vertically integrated solar power product value chain, manufactures products ranging from silicon wafers to solar modules. JinkoSolar employs 33,830 full-time staff and has a market capitalization of $1.4 billion.
The firm will host an earnings conference call to discuss these results and provide further insights into its operational performance and market conditions. Investors are encouraged to review the full earnings release and management commentary for a comprehensive understanding of the quarter's performance and future outlook.