Baidu Announces Third Quarter 2015 Results
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October 30, 2015 10:38 AM EDT
Deutsche Bank maintained a Hold rating on Baidu (NASDAQ: BIDU) and raised its price target to $189.00 (from $179.00). Analyst Alan Hellawell III expects shares to outperform and the short-term.
"Baidu reported an in-line 3Q top-line with a bottom-line beat on less opex. Having successfully orchestrated... More
October 29, 2015 6:45 PM EDT
Baidu.com (NASDAQ: BIDU) reported Q3 EPS of RMB7.92, RMB0.75 ($1.25) better than the analyst estimate of RMB7.17. Revenue for the quarter came in at RMB18.38 billion ($2.892 billion) versus the consensus estimate of RMB18.39 billion.
Diluted earnings attributable to Baidu per ADS excluding share-based compensation expenses(non-GAAP) for the third quarter of 2015 were RMB9.07 ($1.43).
Baidu.com sees FY2015... More
