IQ Earnings Prediction
The chart below shows how IQ performed 10 days before and after its earnings report, based on data from the past quarters. Typically, IQ sees a +0.71% change in stock price 10 days leading up to the earnings, and a -10.61% change 10 days following the report. On the earnings day itself, the stock moves by -3.85%. This data can give you a slight idea of what to expect for the next quarter's release.
IQ Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
6.61B
-14.18%
-8.73%
Gross Margin
24.48%
-13.19%
11.17%
Operating Margin
4.32%
-56.97%
30.91%
Net Margin
-2.83%
-145.87%
-187.08%
EPS
-0.03
-142.86%
-200.00%
No Data Available
IQ Earnings Analysis
iQIYI Inc Corporation (IQ.O) Earnings Conference Call
Positive
Earnings Surprise Report: iQIYI, Inc. beats earnings expectations with reported EPS of $-0.2, exceeding expectations of $-0.21.
Business Performance Rebound: Significant rebound in business performance observed from late November, including net additions of subscribing members and increased user time spent.
Market Share Leadership: iQIYI maintained a leading position in the total drama market share, supported by the success of top-tier content such as 'We Are Criminal Police' and 'DRIFTING AWAY'.
Mini Drama Portfolio Expansion: The company has expanded its mini drama portfolio to over 10,000 titles, capturing 95% of the leading mini-drama content providers in the market.
Membership Revenue Recovery: Membership revenue showed a strong comeback starting from late November, driven by improved long-form video content and mini-dramas.
Advertising Revenue Growth: Advertising revenue grew 7% sequentially, with brand ad revenue showing double-digit growth, particularly from premium dramas.
Technological Advancements and Efficiency: The company has made significant advancements in technology and production efficiency, enhancing its intelligent production management system and expanding AI applications.
International Membership Revenue Growth: iQIYI's international performance remained solid, with membership revenue from regions like Hong Kong and Thailand growing over 30% year-over-year.
Negative
Revenue Decline Analysis: Total revenues decreased by 14% year-over-year, indicating a decline in overall business performance.
Membership Revenue Decline: Membership services revenue fell by 15% annually, primarily due to a lighter content slate during the first two months of the quarter.
Online Advertising Revenue Decline: Online advertising revenue decreased by 13% year-over-year, reflecting challenges in the brand advertisement business.
Content Distribution Decline: Content distribution revenue dropped by 20% annually, attributed to lower revenue from theatrical movie distribution and a decrease in barter transactions.
Financial Performance Decline: Despite a rebound in premium content, the overall financial performance still showed significant declines in key revenue areas.
IQ FAQs
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IQ Earning Call Sentiment
iQIYI, Inc. (NASDAQ:IQ) Q4 2024 Earnings Call Transcript
IQ.O
3.44%Positive
The earnings call reveals declining revenues across key segments, with membership and advertising revenues down significantly. Despite some improvements in content strategy and cash flow, the absence of a shareholder return plan and competitive pressures in the mini-drama segment weigh heavily. The Q&A section highlights management's lack of clarity on key strategic metrics, further fueling uncertainty. Given the market cap of approximately $3.45 billion, these factors collectively suggest a negative sentiment, likely resulting in a stock price decrease of -2% to -8% over the next two weeks.
