Baidu Earnings Seen Falling As Mobile Drive Continues

By | April 23, 2014

Scalper1 News

Earnings at Chinese search leader Baidu (BIDU) are expected to slip in Q1, as the Beijing company continues to invest heavily in mobile technology and marketing. Earnings per share minus items is expected to be 95 cents, down 6% from $1.01 in the year-earlier quarter, according to analysts polled by Thomson Reuters. That would mark the company’s first EPS decline in at least four years. Sales are expected to climb 61% to $1.54 billion, according Scalper1 News

Scalper1 News