A Preview Of iQIYI's Earnings
Portfolio Pulse from Benzinga Insights
iQIYI (NASDAQ:IQ) is set to release its latest quarterly earnings report on August 22, 2023. Analysts estimate an earnings per share (EPS) of $0.05. The company's past performance shows a pattern of beating EPS estimates but experiencing a drop in share price. The stock is currently trading at $5.24 and has seen a 50.58% increase over the last 52-week period.
August 21, 2023 | 2:00 pm
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iQIYI is expected to report an EPS of $0.05 in its upcoming earnings report. Despite beating EPS estimates in the past, the company's share price has typically dropped afterwards. The stock has increased by 50.58% over the past year.
iQIYI has a history of beating EPS estimates but this has often been followed by a drop in share price. This suggests that investors may be focusing more on the company's guidance than its earnings. The stock has seen significant growth over the past year, which could be a positive sign for long-term investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100