Q4 Earnings Preview For Baidu

On Thursday, February 27, Baidu BIDU will release its latest earnings report. Check out Benzinga's preview to understand the implications.

Earnings and Revenue

Baidu EPS is expected to be around $1.86, according to sell-side analysts. Sales will likely be near $3.92 billion.

In the same quarter last year, Baidu announced EPS of $1.92 on revenue of $3.96 billion. The analyst consensus estimate would represent a 3.12% decline in the company's EPS figure. Revenue would have fallen 0.88% from the same quarter last year. Here's how the Baidu's reported EPS has stacked up against analyst estimates in the past:

Stock Performance

Over the last 52-week period, shares of Baidu have declined 24.59%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Long-term shareholders are already wary of 12-month losses prior to the announcement.

Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. The most common rating from analysts on Baidu stock is a Neutral. The strength of this rating has maintained conviction over the past three months.

Conference Call

Baidu is scheduled to hold a conference call at 8:15 p.m. ET and it can be accessed here: https://edge.media-server.com/mmc/p/f4enomq9