iQIYI (IQ) Q4 Revenue Tops Consensus, Offers Guidance

iQIYI (NASDAQ: IQ) reported Q4 EPS of (RMB3.43), RMB1.03 better than the analyst estimate of (RMB4.46). Revenue for the quarter came in at RMB7.5 billion versus the consensus estimate of RMB7.13 billion.

Financial Guidance

For the first quarter of 2020, iQIYI expects total net revenues to be between RMB7.10 billion (US$1.02 billion) and RMB7.52 billion (US$1.08 billion), representing a 2% to 8% increase from the same period in 2019. This forecast reflects iQIYI's current and preliminary view, which is subject to substantial uncertainty.

For earnings history and earnings-related data on iQIYI (IQ) click here.

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