iQIYI Inc reports results for the quarter ended June 30 - Earnings Summary
iQIYI Inc reports results for the quarter ended June 30 - Earnings Summary
iQIYI Inc IQ.OQ reported a quarterly adjusted loss of 30 fen per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -14 fen. The mean expectation of seven analysts for the quarter was for a loss of 17 fen per share. Wall Street expected results to range from -26 fen to -6 fen per share.
Revenue fell 5.1% to CNY6.29 billion from a year ago; analysts expected CNY6.34 billion.
iQIYI Inc's reported EPS for the quarter was a loss of 30 fen.
The company reported a quarterly loss of CNY287.5 million.
iQIYI Inc shares had risen by 27.9% this quarter and lost 30.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 3.8% 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 8 "strong buy" or "buy," 10 "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 $1.49, about 10.7% above its last closing price of $1.33
This summary was machine generated from LSEG data August 18 at 01:31 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 |
Jun. 30 2026 | -0.17 | -0.30 | Missed |
Mar. 31 2026 | -0.26 | -0.31 | Missed |
Dec. 31 2025 | -0.02 | -0.01 | Beat |
Sep. 30 2025 | -0.26 | -0.26 | Met |
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