FMP
May 16, 2024
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.
MicroStrategy Incorporated (NASDAQ:MSTR) is a prominent business intelligence company known for its software solutions a...
Introduction In corporate finance, assessing how effectively a company utilizes its capital is crucial. Two key metri...
Bank of America analysts reiterated a bullish outlook on data center and artificial intelligence capital expenditures fo...