Baidu (NASDAQ:BIDU) reported its Q4 earnings results on Tuesday, March 1, 2022 at 03:30 AM.
Here's what investors need to know about the announcement.
Earnings
Baidu beat estimated earnings by 31.88%, reporting an EPS of $1.82 versus an estimate of $1.38.
Revenue was up $554.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.27 which was followed by a 4.61% drop in the share price the next day.
Here's a look at Baidu's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 2.01 | 2.07 | 1.66 | 2.61 |
| EPS Actual | 2.28 | 2.39 | 1.89 | 3.08 |
| Revenue Estimate | 4.97B | 4.78B | 4.22B | 4.65B |
| Revenue Actual | 4.95B | 4.86B | 4.29B | 4.64B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
