Baidu (BIDU) Surges Following Q4 Results
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Shares of Baidu (Nasdaq: BIDU) are up 10% after reporting better than expected Q4 results after the close.
Baidu reported Q4 EPS of $0.87 and $0.92 ex-items, versus the analyst estimate of $0.71. Revenues for the quarter were $78.3 million, versus the consensus of $77.10 million.
Baidu sees Q1 revenues of $73.1 to $75.1 million, versus the consensus of $77 million.
Baidu is down 30% YTD.
Baidu reported Q4 EPS of $0.87 and $0.92 ex-items, versus the analyst estimate of $0.71. Revenues for the quarter were $78.3 million, versus the consensus of $77.10 million.
Baidu sees Q1 revenues of $73.1 to $75.1 million, versus the consensus of $77 million.
Baidu is down 30% YTD.
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