Recap: iQIYI Q1 Earnings

iQIYI IQ reported its Q1 earnings results on Tuesday, May 16, 2023 at 05:00 AM.

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

iQIYI beat estimated earnings by 133.33%, reporting an EPS of $0.14 versus an estimate of $0.06.

Revenue was up $54.00 million from the same period last year.

Last quarter the company beat on EPS by $0.12 which was followed by a 3.14% drop in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.02	-0.01	-0.06	-0.11
EPS Actual	0.14	0.03	0.01	0.03
Revenue Estimate	1.09B	1.03B	970.61M	1.09B
Revenue Actual	1.10B	1.09B	993.80M	1.15B

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.

Earnings Calendar