iQIYI Inc expected to post earnings of 42 fen a share - Earnings Preview

IQIYI

14/05/2024 16:06

* iQIYI Inc  IQ.OQ   IQ.O  is expected to show a fall in
quarterly
revenue when it reports  results on May 16 for the period ending
March 31 2024
    * The Beijing-based  company is expected to report a
6.2% decrease
in revenue to CNY7.83 billion from CNY8.35 billion a year ago,
according to the mean estimate from 11 analysts, based on LSEG
data.
    * ​LSEG's mean analyst estimate for iQIYI Inc is for
earnings of
42 fen per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 16 "strong buy" or "buy," 7
"hold" and no "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
$5.60​, above​ its last closing price of $5.14. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.41        0.43       0.48      Beat    12.7
 Sep. 30 0001  0.47        0.47       0.49      Beat    5.2
 Jun. 30 2023  0.34        0.34       0.37      Beat    9.4​
 Mar. 31 2023  0.43        0.44       0.64      Beat    44.8
 ​​Dec.        0.23        0.12       0.35      Beat    195.8
 31 2022                                                
 Sep. 30 2022  -0.10       -0.09      -0.46     Missed  -384.2
                                                        ​
 Jun. 30 2022  -0.41       -0.42      -0.28     Beat    33.1
 Mar. 31 2022  -0.59       -0.70      0.21      Beat    130
 This summary was machine generated May 14 at 15:06 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)