iQIYI: Q4 Earnings Insights

iQIYI IQ reported its Q4 earnings results on Wednesday, February 28, 2024 at 05:00 AM.

Here's what investors need to know about the announcement.

iQIYI beat estimated earnings by 67.0%, reporting an EPS of $0.1 versus an estimate of $0.06.

Revenue was down $0 from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 0.0% increase in the share price the next day.

Here's a look at iQIYI's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.06	0.05	0.06	0.02
EPS Actual	0.09	0.08	0.14	0.14
Revenue Estimate	1.10B	1.07B	1.15B	1.09B
Revenue Actual	1.11B	1.10B	1.20B	1.10B

To track all earnings releases for iQIYI visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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