Baidu Announces Third Quarter 2020 Results

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Go back to Baidu Announces Third Quarter 2020 Results

Baidu (BIDU) PT Raised to $185 at Benchmark

November 17, 2020 7:31 AM EST

Benchmark analyst Fawne Jiang raised the price target on Baidu (NASDAQ: BIDU) to $185.00 (from $165.00) while maintaining a Buy rating following the company's 3Q earnings report. BIDU reported solid 3Q20 results, headlined by an outsized beat on non-GAAP EPADS and notable operating margin improvement on... More

Baidu (BIDU) Tops Q3 EPS by 95c, Offers Q4 Guidance

November 16, 2020 4:32 PM EST

Baidu (NASDAQ: BIDU) reported Q3 EPS of $3.00, $0.95 better than the analyst estimate of $2.05. Revenue for the quarter came in at $4.16 billion versus the consensus estimate of $4.14 billion.

GUIDANCE:

Baidu sees Q4 2020 revenue of $4.2-4.6 billion, versus the consensus of... More