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

BAIDU, INC.

(BIDU)
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Baidu : China's Baidu beats quarterly revenue estimates

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08/13/2020 | 03:47pm EDT
Logo of Baidu is seen at the company's headquarters in Beijing

China's Baidu Inc reported a quarterly revenue that edged past analysts' estimates on Thursday, as new subscriptions for its video streaming service partially offset a decline in ad revenue from its core search engine business.

The search engine giant said total revenue fell 1% to 26.03 billion yuan (2.87 billion pounds) in the second-quarter ended June 30, above analysts' estimate of 25.71 billion yuan, according to IBES data from Refinitiv.

(Reporting by Ayanti Bera in Bengaluru and Yingzhi Yang in Beijing)


Stocks mentioned in the article
ChangeLast1st jan.
BAIDU, INC. 0.96% 131.96 Delayed Quote.3.40%
UNITED STATES DOLLAR (B) / CHINESE YUAN IN HONG KONG (USD/CNH) -0.32% 6.7042 Delayed Quote.-3.36%
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Financials
Sales 2020 106 B 15 738 M 15 738 M
Net income 2020 11 124 M 1 657 M 1 657 M
Net cash 2020 97 742 M 14 558 M 14 558 M
P/E ratio 2020 4,28x
Yield 2020 -
Capitalization 44 579 M 44 579 M 6 640 M
EV / Sales 2020 -0,50x
EV / Sales 2021 -0,61x
Nbr of Employees 37 779
Free-Float 78,9%
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Technical analysis trends BAIDU, INC.
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 37
Average target price 1 027,36 CNY
Last Close Price 131,96 CNY
Spread / Highest target 919%
Spread / Average Target 679%
Spread / Lowest Target 565%
EPS Revisions
Managers
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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