Notizie economiche
26.05.2022

Company news: Baidu (BIDU) quarterly results beat analysts’ estimates

Baidu (BIDU) reported Q1 FY 2022 earnings of RMB11.22 per share (versus RMB12.36 per share in Q1 FY 2021), beating analysts’ consensus estimate of RMB5.58 per share.

The company’s quarterly revenues amounted to RMB28.411 bln (+1.0% y/y), beating analysts’ consensus estimate of RMB27.823 bln.

BIDU rose to $126.25 (+5.81%) in pre-market trading.

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