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What to Expect From Baidu's Earnings

Benzinga ·  Nov 20, 2024 22:00

Baidu (NASDAQ:BIDU) is preparing to release its quarterly earnings on Thursday, 2024-11-21. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Baidu to report anearnings per share(EPS) of $2.35.

Baidu bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Overview of Past Earnings

During the...

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