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iQIYI (IQ - Free Report) is set to report first-quarter 2019 results on May 16.
In the last reported quarter, the company’s total subscribers were 87.4 million compared with 50.8 million in the year-ago period.
iQIYI reported adjusted loss of 70 cents per ADS in fourth-quarter 2018. Revenues soared 55.2% from the year-ago quarter to RMB7 billion ($1 billion).
iQIYI, Inc. Sponsored ADR Price and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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