Baidu 2Q Earnings Pregame Scorecard

For the last five quarters, Baidu (NASDAQ:BIDU) has exceeded analyst expectations. The company will try to continue the streak when it reports its latest earnings on Monday, July 23, 2012.


Analysts currently expect Baidu to come in with earnings of $1.13 per share on revenues of $851.6 million. Estimates range from $1.05 per share to $1.19 per share. Over the past week, the average estimate has moved up from $1.12.

Stock Movement

The stock fell $8.64 per share between June 19, 2012 and June 21, 2012. Looking at change over the last three months, April 19, 2012 and July 16, 2012, the stock price fell $37.39 (-25.8%), from $144.74 to $107.35.

Stock Ratings

Analysts are bullish on the stock as 14 analysts rate it as a buy and there are no sell ratings. Baidu's average analyst rating hasn't changed over the past three months.

Last Quarter's Results

In the first quarter, profit rose 82.9% to $299 million (85 cents a share) from $163.5 million (47 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 82% to $677 million from $372 million.


Reporting Period: 2Q

Date of Release: Monday, July 23, 2012

EPS: $1.13

Revenue Estimate: $851.6 million

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)