Market Overview

Q4 Earnings Preview For Baidu

Share:

On Thursday, February 27, Baidu (NASDAQ: BIDU) will release its latest earnings report. Check out Benzinga's preview to understand the implications.

Earnings and Revenue

Baidu EPS is expected to be around $1.86, according to sell-side analysts. Sales will likely be near $3.92 billion.

In the same quarter last year, Baidu announced EPS of $1.92 on revenue of $3.96 billion. The analyst consensus estimate would represent a 3.12% decline in the company's EPS figure. Revenue would have fallen 0.88% from the same quarter last year. Here's how the Baidu's reported EPS has stacked up against analyst estimates in the past:

 

Quarter Q3 2019 Q2 2019 Q1 2019 Q4 2018
EPS Estimate 1.180 0.890 0.530 1.82
EPS Actual 1.760 1.470 0.410 1.92

Stock Performance

Over the last 52-week period, shares of Baidu have declined 24.59%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Long-term shareholders are already wary of 12-month losses prior to the announcement.

Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. The most common rating from analysts on Baidu stock is a Neutral. The strength of this rating has maintained conviction over the past three months.

Conference Call

Baidu is scheduled to hold a conference call at 8:15 p.m. ET and it can be accessed here: https://edge.media-server.com/mmc/p/f4enomq9

 

Related Articles (BIDU)

View Comments and Join the Discussion!

Posted-In: Earnings News

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com