Company News: Baidu.com (BIDU) quarterly results beat analysts’ forecasts

Market news

31 October 2018

Company News: Baidu.com (BIDU) quarterly results beat analysts’ forecasts

Baidu.com (BIDU) reported Q3 FY 2018 earnings of $2.77 per share (versus $3.89 in Q3 FY 2017), beating analysts’ consensus estimate of $2.53.

The company’s quarterly revenues amounted to $4.110 bln, beating analysts’ consensus estimate of $4.016 bln.

BIDU fell to $182.60 (-0.42%) in pre-market trading.

Italy's Economy Minister Tria: Deficit Will Not Go Above Target Of 2.4 Percent Of GDP In 2019

The euro area (EA19) seasonally-adjusted unemployment rate was 8.1% in September 2018, stable compared with August 2018

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