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

IQIYI

21/05/2025 14:32

iQIYI Inc IQ.OQ reported quarterly adjusted earnings of 19 fen​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 68 fen.  The mean expectation of eight analysts for the quarter was for earnings of 20 fen per share. Wall Street expected results to range from 14 fen to 31 fen per share.

Revenue fell 9.3% to CNY7.19 billion from a year ago; analysts expected CNY7.08 billion.

iQIYI Inc's reported EPS for the quarter was 19 fen​.

The company reported quarterly net income of CNY182.15 million.

iQIYI Inc shares had fallen by 17.7% this quarter and lost 7.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 16.6% in the last three months.​

In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "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 $2.30

This summary was machine generated from LSEG data May 21 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
Mar. 31 2025
0.20
0.19
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