Baidu Q2 Adj. EPS $1.06 Misses $1.35 Estimate, Sales $4.617B Miss $4.650B Estimate

Baidu, Inc. Sponsored ADR Class A

Baidu, Inc. Sponsored ADR Class A

BIDU

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Baidu (NASDAQ: BIDU) reported quarterly earnings of $1.06 per share which missed the analyst consensus estimate of $1.35 by 21.48 percent. This is a 44.21 percent decrease over earnings of $1.90 per share from the same period last year. The company reported quarterly sales of $4.617 billion which missed the analyst consensus estimate of $4.650 billion by 0.71 percent. This is a 1.09 percent increase over sales of $4.567 billion the same period last year.
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