Company news: Baidu (BIDU) quarterly results exceed analysts’ forecasts

Baidu (BIDU) reported Q1 FY2025 earnings of RMB18.54 per share (versus RMB19.91 per share in Q1 FY2024), beating analysts’ consensus estimate of RMB14.38 per share.

The company’s quarterly revenues amounted to RMB32.452 bln (+3.0% y/y), beating analysts’ consensus estimate of RMB31.025 bln.

BIDU rose to $91.18 (+2.06%) in pre-market trading.