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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Baidu, Inc.    BIDU

BAIDU, INC.

(BIDU)
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Baidu Inc.: 3Q Earnings Snapshot

11/16/2020 | 04:45pm EST

BEIJING (AP) _ Baidu Inc. (BIDU) on Monday reported third-quarter net income of $2.02 billion, after reporting a loss in the same period a year earlier.

The Beijing-based company said it had net income of $5.86 per share. Earnings, adjusted for non-recurring gains, came to $3 per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.85 per share.

The web search company posted revenue of $4.16 billion in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $3.92 billion.

For the current quarter ending in December, Baidu Inc. said it expects revenue in the range of $4.2 billion to $4.6 billion. Analysts surveyed by Zacks had expected revenue of $3.91 billion.

Baidu Inc. shares have risen 17% since the beginning of the year. In the final minutes of trading on Monday, shares hit $147.84, an increase of 25% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BIDU at https://www.zacks.com/ap/BIDU

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News

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Financials
Sales 2020 107 B 16 542 M 16 542 M
Net income 2020 22 188 M 3 429 M 3 429 M
Net cash 2020 102 B 15 764 M 15 764 M
P/E ratio 2020 25,1x
Yield 2020 -
Capitalization 523 B 80 903 M 80 807 M
EV / Sales 2020 3,93x
EV / Sales 2021 3,08x
Nbr of Employees 37 779
Free-Float 78,2%
Chart BAIDU, INC.
Duration : Period :
Baidu, Inc. Technical Analysis Chart | BIDU | US0567521085 | MarketScreener
Technical analysis trends BAIDU, INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 38
Average target price 1 387,47 CNY
Last Close Price 1 604,89 CNY
Spread / Highest target 27,4%
Spread / Average Target -13,5%
Spread / Lowest Target -39,0%
EPS Revisions
Managers and Directors
NameTitle
Yan Hong Li Chairman & Chief Executive Officer
Cheng-Chun Yu Chief Financial Officer
Hai Feng Wang Chief Technology Officer
Ji An Ding Independent Director
Brent Callinicos Independent Director
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