iQIYI: A Lack Of Surprises [Seeking Alpha]
iQIYI, Inc. - American Depositary Shares (IQ)
Last iqiyi, inc. - american depositary shares earnings: 2/27 04:30 pm
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Source: Seeking Alpha
Summary iQIYI, Inc.'s Q2 2024 results met the market's expectations, as the company's top line and bottom line were pretty close to the respective consensus forecasts. The company is expected to report negative revenue growth and operating margin contraction in Q3 2024, similar to how it performed for the second quarter. A lack of surprises relating to iQIYI's actual second-quarter performance and the company's Q3 financial outlook implies that a Hold rating for the stock is justified. Looking for more investing ideas like this one? Get them exclusively at Asia Value & Moat Stocks. Learn More » Robert Way iQIYI, Inc. NASDAQ: IQ ) shares are still rated as a Hold. The company's Q2 headline numbers were in line with the consensus estimates. Looking forward, I don't expect iQIYI's third quarter results to throw up any significant surprises. As such, it is reasonable that I retain a Neutral view for IQ. My prior update , written on June 4, 2024, looked at the company's full
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IQ
News
- Baidu's Q3 Earnings: Revenue Slides, Weak Online Ads Market Impact Margins [Yahoo! Finance]Yahoo! Finance
- iQIYI Announces Third Quarter 2024 Financial ResultsGlobeNewswire
- iQIYI Introduces Standard VIP Family and Friends Membership to Enhance Subscription Flexibility and Premium Content AccessPR Newswire
- An Intrinsic Calculation For iQIYI, Inc. (NASDAQ:IQ) Suggests It's 34% Undervalued [Yahoo! Finance]Yahoo! Finance
- iQIYI's 'Love On Theater' Premieres 'Fangs of Fortune,' Setting Benchmark for C-Drama Virtual ProductionPR Newswire
IQ
Earnings
- 11/21/24 - Beat
IQ
Sec Filings
- 11/21/24 - Form 6-K
- 11/12/24 - Form SC
- 8/26/24 - Form SC
- IQ's page on the SEC website