iQIYI (NASDAQ:IQ) reported quarterly earnings of RMB0.50 per share which beat the analyst consensus estimate of RMB0.10 by 400 percent. This is a 21.88 percent decrease over earnings of RMB0.64 per share from the same period last year. The company reported quarterly sales of RMB7.245 billion which beat the analyst consensus estimate of RMB7.244 billion by 0.02 percent. This is a 9.61 percent decrease over sales of RMB8.015 billion the same period last year.
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