Baidu (NASDAQ:BIDU) reported its Q1 earnings results on Thursday, May 26, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Baidu beat estimated earnings by 118.52%, reporting an EPS of $1.77 versus an estimate of $0.81.
Revenue was up $188.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.44 which was followed by a 1.41% drop in the share price the next day.
Here's a look at Baidu's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.38 | 2.01 | 2.07 | 1.66 |
| EPS Actual | 1.82 | 2.28 | 2.39 | 1.89 |
| Revenue Estimate | 5.09B | 4.97B | 4.78B | 4.22B |
| Revenue Actual | 5.19B | 4.95B | 4.86B | 4.29B |
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.
