Sponsored Links 
BIDU Misses Ests
Print
ShareBaidu Inc.'s (BIDU) fourth-quarter results missed the consensus despite posting a 31% rise in profit.
Baidu's earnings for the latest quarter came at $1.22 per share, which excluded special items. Revenue surged 58% year-over-year at $132.2 million but slipped by about 2% from the previous quarter’s levels.
The Chinese Internet search giant projects sales growth at a record-slow pace of 36%, citing the economic meltdown. Baidu forecasts first-quarter revenue in the range of $114 million and $117 million.
The company is a Zacks #3 Rank ("Hold").
Read the full analyst report on BIDU
Loading Stories...
-0.31 %
