JinkoSolar's earnings at ¥5.26 fall short of expectations, and profits are lower than anticipated.

According to JinkoSolar's (NYSE: JKS) report, the fourth quarter earnings per share came in at -9.22¥, significantly worse than analysts' expectations of -3.96¥ by 5.26¥. The reported earnings for this quarter were set at 20.65B¥, while analyst forecasts were at 24.83B¥.

JinkoSolar's stock closed at 20.70¥, indicating an 18.12% decline over the past three months and a 16.33% drop over the last year. In the last 90 days, JinkoSolar experienced 0 positive earnings per share and 1 negative earnings per share. Discover how JinkoSolar's stock price reacted to past earnings reports. According to InvestingPro, JinkoSolar has a financial health score of "Quite Good." Explore the latest earnings reports and financial details of JinkoSolar here. Stay updated on all developments related to balance sheets by visiting Investing.com's Earnings Calendar.