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Baidu Earnings, Revenue Beat in Q3 -Breaking

by Mike Robinson

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© Reuters Baidu Earnings, Income Beat in Q3

Investing.com – Baidu (NASDAQ:) reported on Wednesday third quarter that beat analysts’ forecasts and income that topped expectations.

Baidu introduced earnings per share of 14.66 on income of 31.92B. Analysts polled by Investing.com anticipated EPS of 12.96 on income of 31.8B.

Baidu shares are down 20% from the start of the yr, nonetheless down 51.68% from its 52 week excessive of 354.44 set on February 22. They’re under-performing the Nasdaq which is up 23.94% from the beginning of the yr.

Baidu follows different main Communication Providers sector earnings this month

Baidu’s report follows an earnings beat by Alphabet C on October 26, who reported EPS of 27.99 on income of 65.12B, in comparison with forecasts EPS of 23.83 on income of 63.53B.

Alphabet A had beat expectations on October 26 with third quarter EPS of 27.99 on income of 65.12B, in comparison with forecast for EPS of 23.73 on income of 63.53B.

Keep up-to-date on all the upcoming earnings experiences by visiting Investing.com’s earnings calendar

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