iQIYI Inc expected to post earnings of 10 fen a share - Earnings Preview

IQIYI

19/11/2024 13:37

* iQIYI Inc  IQ.OQ   IQ.O  is expected to show a fall in
quarterly
revenue when it reports  results on November 21 for the period
ending September 30 2024
    * The Beijing-based  company is expected to report a
9.6% decrease
in revenue to CNY7.244 billion from CNY8.02 billion a year ago,
according to the mean estimate from 14 analysts, based on LSEG
data.
    * ​LSEG's mean analyst estimate for iQIYI Inc is for
earnings of
10 fen per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 10
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for iQIYI Inc
is
$3.25​, above​ its last closing price of $2.08. ​​​

Previous quarterly performance (using preferred earnings measure
in Chinese yuan renminbi). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.03        0.02       0.07      Beat    211.1
 Mar. 31 2024  0.42        0.42       0.68      Beat    62.9
 Dec. 31 2023  0.41        0.43       0.48      Beat    12.7​
 Sep. 30 2023  0.47        0.47       0.49      Beat    5.2
 ​​Jun.        0.34        0.35       0.37      Beat    5.1
 30 2023                                                
 Mar. 31 2023  0.43        0.44       0.64      Beat    44.8​
 Dec. 31 2022  0.23        0.12       0.35      Beat    195.8
 Sep. 30 2022  -0.10       -0.09      -0.46     Missed  -384.2
 This summary was machine generated November 19 at 13:37 GMT. 
All figures in Chinese yuan renminbi unless otherwise stated.
(For questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)