iQIYI Inc reports results for the quarter ended December 31 - Earnings Summary

IQIYI

18/02/2025 22:02

* iQIYI Inc  IQ.OQ  reported a quarterly adjusted loss of 20
fen​​
per share for the quarter ended December 31, lower than the same
quarter last year, when the company reported EPS of 48 fen.  The
mean expectation of nine analysts for the quarter was for a loss
of 21 fen per share. Wall Street expected results 
    * Revenue fell 14.2% to CNY6.61 billion from a year ago;
analysts
expected CNY6.62 billion. 
    * iQIYI Inc's reported EPS for the quarter was a loss of 20
fen​.
    * The company reported a quarterly loss of CNY189.36
million.
    * iQIYI Inc shares had risen by 26.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 210.5% in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 11
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the online
services
peer group is also "buy"

Wall Street's median 12-month price target for iQIYI Inc is
$2.50 
This summary was machine generated from LSEG data February 18 at
10:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      -0.21          -0.20          Beat
 Sep. 30 2024      0.10           0.24           Beat
 Jun. 30 2024      0.02           0.07           Beat
 Mar. 31 2024      0.42           0.68           Beat