FMP
Baidu (BIDU) First Quarter Earnings Report: A Mixed Bag
May 16, 2024 9:44 AM - Parth Sanghvi
Image credit: Jason Briscoe
Baidu (NASDAQ: BIDU) reported first-quarter EPS of ¥16.10, aligning precisely with the analyst estimate of ¥16.10. However, revenue for the quarter came in slightly below expectations, at ¥31.14B compared to the consensus estimate of ¥31.43B.
Baidu's stock price closed at ¥110.75, reflecting a 3.39% increase over the last 3 months but a 15.15% decline over the past 12 months.
In terms of analyst sentiment, Baidu experienced 3 positive EPS revisions and 4 negative EPS revisions in the last 90 days, showcasing a mixed outlook.
InvestingPro rates Baidu's Financial Health as "great performance," indicating a strong underlying financial position.
For further insights into Baidu's recent earnings performance and financials, investors can explore detailed information and their impact on stock performance with the Price Targets API.
Other Blogs
Sep 10, 2024 7:33 AM - Parth Sanghvi
Best Alternatives to Yahoo Finance for Downloading Historical Stock Data
When it comes to downloading historical stock data, Yahoo Finance has been a popular choice for many. However, for those looking for more comprehensive, accurate, and flexible options, Financial Modeling Prep (FMP) offers a suite of powerful tools and services that stand out as superior alternatives...
Nov 8, 2024 5:30 AM - Sanzhi Kobzhan
Understanding Equity Valuation: When to Use DCF, DDM, and Price-Income (Multiplicators) Models
When it comes to investing in stocks, one of the key decisions an investor must make involves determining the intrinsic value of a company's shares. Equity valuation isn't just about numbers, it's an art mixed with science, aiming to predict future performance based on current and historical data. H...
Nov 22, 2024 5:08 AM - Parth Sanghvi
Fundamental Analysis: Principles, Types, and How to Use It
Fundamental analysis is one of the most essential tools for investors and analysts alike, helping them assess the intrinsic value of a stock, company, or even an entire market. It focuses on the financial health and economic position of a company, often using key data such as earnings, expenses, ass...
