iQIYI Inc expected to post earnings of 43 fen a share - Earnings Preview

IQIYI

26/02/2024 15:56

* iQIYI Inc  IQ.OQ   IQ.O  is expected to show a rise in
quarterly
revenue when it reports  results on February 28 for the period
ending December 31 2023
    * The Beijing-based  company is expected to report a
1.3% increase
in revenue to CNY7.692 billion from CNY7.59 billion a year ago,
according to the mean estimate from 17 analysts, based on LSEG
data. (SAL is based on Total Revenue basis)
    * ​LSEG's mean analyst estimate for iQIYI Inc is for
earnings of
43 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
$6.00​, above​ its last closing price of $3.51. ​​​

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  
 Sep. 30 2023  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. 31 2022  0.23        0.12       0.35      Beat    195.8
 ​​Sep.        -0.10       -0.09      -0.46     Missed  -384.2
 30 2022                                                
 Jun. 30 2022  -0.41       -0.42      -0.28     Beat    33.1​
 Mar. 31 2022  -0.59       -0.70      0.21      Beat    130
 Dec. 31 2021  -1.99       -2.00      -2.02     Missed  -1.1
 This summary was machine generated February 26 at 15:56 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)