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Baidu Q1 Adj. EPS $2.76 Beats $2.30 Estimate, Sales $4.37B Miss $4.43B Estimate

Benzinga ·  May 16 05:17

Baidu (NASDAQ:BIDU) reported quarterly earnings of $2.76 per share which beat the analyst consensus estimate of $2.30 by 20 percent. This is a 17.95 percent increase over earnings of $2.34 per share from the same period last year. The company reported quarterly sales of $4.37 billion which missed the analyst consensus estimate of $4.43 billion by 1.47 percent. This is a 3.75 percent decrease over sales of $4.54 billion the same period last year.

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