2023-05-15 15:51:53 ET
- Baidu ( NASDAQ: BIDU ) is scheduled to announce Q1 earnings results on Tuesday, May 16th, before market open.
- The consensus EPS estimate is $1.84 and the consensus revenue estimate is $4.31B.
- Over the last 2 years, BIDU has beaten EPS estimates 100% of the time and has beaten revenue estimates 75% of the time.
- Over the last 3 months, EPS estimates have seen 6 upward revisions and 0 downward. Revenue estimates have seen 5 upward revisions and 2 downward.
- The company on Feb. 22 reported Q4 Non-GAAP EPADS of $2.21 beating estimates by $0.16. Revenue of $4.8B was ahead of consensus by $170M.
- BIDU has a Quant rating of "Buy", with a 4.29 rating score.
- BIDU has an industry ranking of 9 out of 63 among interactive media and services stocks, as per SA's Quant ranking.
- Wall Street analysts and Seeking Alpha authors rate the BIDU stock "Buy".
- Recent Analysis: Baidu: Set To Heat Up by Stone Fox Capital, leader of the " Out Fox The Street " Investing Group on Seeking Alpha.
- Tencent Vs. Baidu: Bet Big On AI by Yiannis Zourmpanos, leader of the " Yiazou Capital Research " Investing Group on Seeking Alpha.
- Baidu: Future AI Giant With Improving Core Ad Business by Cavenagh Research.
- Baidu: Major Potential For China's Tech Titan by Building Benjamins
- Recent News: Baidu says AI algorithm increased COVID vaccine antibody response 128 times .
- Baidu rises as it unveils new advanced driving updates .
- BIDU stock fell 23.3% in 2022, while the benchmark S&P 500 index slipped nearly 20% for the year.
For further details see:
Baidu Q1 2023 earnings on deck, what to expect