Baidu BIDU reported its Q1 earnings results on Tuesday, May 16, 2023 at 05:00 AM.
Here's what investors need to know about the announcement.
Earnings
Baidu beat estimated earnings by 30.73%, reporting an EPS of $2.34 versus an estimate of $1.79.
Revenue was up $53.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.21 which was followed by a 0.6% increase in the share price the next day.
Here's a look at Baidu's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | 2 | 2.15 | 1.63 | 0.81 |
EPS Actual | 2.21 | 2.37 | 2.36 | 1.77 |
Revenue Estimate | 4.65B | 4.46B | 4.45B | 4.18B |
Revenue Actual | 4.80B | 4.57B | 4.43B | 4.48B |
To track all earnings releases for Baidu visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.