Date: November 17, 2021
News Author(s): Investing.com
Photo Credit: Investing.com
Baidu announced earnings per share of 14.66 on revenue of 31.92B. Analysts polled by Investing.com anticipated EPS of 12.96 on revenue of 31.8B.
Baidu shares are down 20% from the beginning of the year, still down 51.68% from its 52 week high of 354.44 set on February 22. They are under-performing the Nasdaq which is up 23.94% from the start of the year.
Baidu's report follows an earnings beat by Alphabet C on October 26, who reported EPS of 27.99 on revenue of 65.12B, compared to forecasts EPS of 23.83 on revenue of 63.53B.
Alphabet A had beat expectations on October 26 with third quarter EPS of 27.99 on revenue of 65.12B, compared to forecast for EPS of 23.73 on revenue of 63.53B.
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