Baidu (NASDAQ:BIDU) reported its Q3 earnings results on Wednesday, November 17, 2021 at 03:30 AM.
Here's what investors need to know about the announcement.
Earnings
Baidu their estimated earnings by 13.43%, reporting an EPS of $2.28 versus an estimate of $2.01, which surprised analysts.
Revenue was up $796,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.32, which was followed by a 4.5% drop in the share price the next day.
Here's a look at Baidu's past performance:
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