iQIYI Q2 Adj. EPS $(0.02) Beats $(0.04) Estimate, Sales $923.746M Miss $927.850M Estimate
iQIYI (NASDAQ:IQ) reported quarterly losses of $(0.02) per share which beat the analyst consensus estimate of $(0.04) by 50 percent. This is a Infinity percent decrease over earnings of $0.00 per share from the same
iQIYI lost less money than people thought it would, which is good—but it made slightly less money from selling things than expected, which is not so good. When a company does better on one thing but worse on another, it's a mixed signal about whether it's really getting healthier.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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