Tag Archives: bidu

Baidu Price Targets Lowered On Q4 Earnings Disruption

Baidu (BIDU) stock fell Thursday after China’s dominant Internet search engine surprised analysts late Wednesday with a first-quarter outlook below expectations. Baidu’s heavy investments in — and successful transition to — mobile search is among the reasons Baidu also missed fourth-quarter earnings estimates, as mobile monetizes at a lower rate than desktop. Mobile revenue in Q4 was 42% of Baidu’s total revenue, up from 36% in Q3. It moved above

Baidu Dives On Earnings Miss, Revenue Outlook

Baidu (BIDU)reported weaker-than-expected earnings per U.S. share and gave weak revenue guidance. Shares fell sharply late Wednesday China’s dominant search engine earned $1.45 per U.S. share including share compensation, up 11.5% vs. a year earlier. That appeared to miss Thomson Reuters estimates for $1.59. Revenue of $2.264 bil just exceeded analyst forecasts. Revenue rose 44% in dollar terms. Baidu sees Q1 revenue of $2.038 billion to $2.106

Baidu Q4 Earnings Should Maintain Double-Digit Growth

Baidu (BIDU) is expected to continue its long string of double-digit growth, with mobile revenue growth the key, when it posts Q4 earnings after the close Wednesday. Analyst consensus calls for revenue of $2.26 billion, up 48% from the year-earlier quarter, and earnings per share minus items of $1.59, up 26%, according to Thomson Reuters. Baidu just missed Wall Street revenue estimates when in reported Q3 earnings on Oct. 29, as did its Q4 revenue