Baidu Beats The Street; Stock Not Moving

Chinese online search company Baidu.com

released its fiscal fourth-quarter earnings results on Thursday after the closing bell. The Beijing-based company reported earnings per share of $0.95 for Q4, which beat analysts' consensus EPS estimates of $0.91. Revenues for the quarter were $710.90 million versus consensus estimates of $700.75 million. Looking ahead to Q1, BIDU sees revenue in a range between $666.5 million and $688 million, versus current Street consensus revenue estimates of $672.1 million. In Thursday's after hours trading session, BIDU shares are trading near the flat line after initially falling in the wake of the Q4 report.