iQIYI earnings, Revenue beat in Q3

  • Investing.com
iQIYI earnings, Revenue beat in Q3

Investing.com - iQIYI reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.

iQIYI announced earnings per share of ¥0.21 on revenue of ¥7.47B. Analysts polled by Investing.com anticipated EPS of ¥0.15 on revenue of ¥7.32B.

iQIYI shares are down 37.72% from the beginning of the year and are trading at ¥2.96 , down-from-52-week-high.

iQIYI shares gained 4.23% in pre-market trade the report.

iQIYI follows other major Communication Services sector earnings this month

iQIYI's report follows an earnings missed by Alphabet C on Tuesday, October 25, 2022, who reported EPS of ¥1.06 on revenue of ¥69.09B, compared to forecasts EPS of ¥1.26 on revenue of ¥71B.

Tencent ADR had beat expectations on Tuesday, November 15, 2022 with third quarter EPS of ¥0.4669 on revenue of ¥19.79B, compared to forecast for EPS of ¥0.447 on revenue of ¥20.01B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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