Baidu Q4 Earnings Preview

Baidu BIDU unveils its next round of earnings Tuesday. Get prepared with Benzinga's ultimate preview for Baidu's Q4 earnings.

Earnings and Revenue

Based on management's projections, Baidu analysts model for earnings of $2.12 on sales of $3.66 billion.

Baidu reported a per-share profit of $1.20 when it published results during the same quarter last year. Sales in that period totaled $2 billion. The Wall Street consensus estimate for earnings would represent a 76.67 percent increase for the company. Sales would be up 39.53 percent from the same quarter last year. Here's how the company's EPS has stacked up against analyst estimates in the past:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate 2.02 1.48 0.87 0.86
EPS Actual 3.89 2.36 1 1.2

 

Q4 EPS Estimate: $2.12
Q4 Revenues Estimate: $3 billion

Stock Performance

Over the last 52-week period, shares are up 18.83 percent. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.

Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. The average rating by analysts on Baidu stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.

Conference Call

Baidu's Q4 conference call is scheduled to begin at 8:00 p.m. ET and can be accessed here.

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