iQIYI (NASDAQ:IQ) reported its Q1 earnings results on Thursday, May 26, 2022 at 03:30 AM.
Here's what investors need to know about the announcement.
Earnings
iQIYI beat estimated earnings by 70.91%, reporting an EPS of $-0.032 versus an estimate of $-0.11.
Revenue was down $54.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03 which was followed by a 0.2% increase in the share price the next day.
Here's a look at iQIYI's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.32 | -0.34 | -0.34 | -0.36 |
| EPS Actual | -0.35 | -0.34 | -0.27 | -0.25 |
| Revenue Estimate | 1.15B | 1.19B | 1.14B | 1.18B |
| Revenue Actual | 1.20B | 1.20B | 1.20B | 1.20B |
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.
