Recap: Baidu Q4 Earnings

Baidu BIDU reported its Q4 earnings results on Wednesday, February 28, 2024 at 05:00 AM.

Here's what investors need to know about the announcement.

Baidu beat estimated earnings by 24.0%, reporting an EPS of $3.08 versus an estimate of $2.48.

Revenue was up $127.00 million from the same period last year.

Last quarter the company beat on EPS by $0.48 which was followed by a 6.0% increase in the share price the next day.

Here's a look at Baidu's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	2.32	2.32	1.79	2
EPS Actual	2.80	3.11	2.34	2.21
Revenue Estimate	4.79B	4.57B	4.31B	4.65B
Revenue Actual	4.72B	4.70B	4.54B	4.80B

To track all earnings releases for Baidu visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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