07:35 AM EDT, 04/29/2024 (MT Newswires) -- JinkoSolar Holding ( JKS ) reported Q1 earnings Monday of 1.34 Chinese renminbi ($0.19) per diluted share, down from 3.74 renminbi a year earlier.

Two analysts polled by Capital IQ expected a loss of 2.12 renminbi.

Revenue for the quarter ended March 31 was 23.04 billion renminbi, down from 23.33 billion renminbi a year earlier.

Three analysts surveyed by Capital IQ expected 23.32 billion renminbi.

Shares of the solar panel maker were up 2.8% in recent Monday premarket activity.

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